Posted by & filed under Sunflower Oil Market Report, Sunflower Oil Prices.

Veg oil markets in Malaysia and India are in strong speculative grip. Indian budget is expected to further hike duties on imported oils and this is putting pressure on Dollar prices. Domestic markets after trading highs are finding pressure as buyers are absent today. Most of the sellers are offering with Duty +/- on buyers account condition making no chance for speculation. Buyers want duty fixed and sellers refrain from doing the same. Ukraine sunflower oil sellers are offering unchanged prices with little flexibility. Feb offered 752-53 and March at 760. With increase in demand from destination countries like India and China we do see good line up in exports from Ukraine. India is now importing over 200k each month from Ukraine making 40% of over all exported volumes.

 

  • Palm oil Bmd: 2490 (-29)
  • H2514/L2484
  • Vol: 37,189

 

  • oln:
  • Feb 655
  • Mar 655 vs 650, trd 652.5
  • Apr 667.5
  • AMJ 667.5 vs 662.5, trd 667
  • JAS 662.5 vs 657.5, trd 662.5
  • OND 660 vs 652.5, trd 660

 

  • rbdpo: -2.5

 

  • strn: Feb 680 (deld)
  • pfad: Feb 625 (deld)

 

  • Local cpo: Jan 2510

 

  • Indon cpo:
  • Feb 645
  • Mar 645
  • AMJ 662.5
  • JAS 657.5

 

  • laurics:
  • cpko: Feb 292
  • rbdpko: Feb 1400
  • rbdpkoln: Feb 1250
  • rbdpks: Feb 1600

 

  • 6 ports Europe SFO first selling ideas March 800, April 810, AMJ 810, JAS 825, OND 817.5, JFM 825
  • Black Sea sunflower oil FOB Feb 755 vs 748, March 760 vs 752 , AMJ 772 vs 758 and JAS no offers at the moment
  • Russian sunflower oil offered at USD 745 for near by
  • Spain offered at 800 vs —
  • Italy offered at 795 vs —
  • CIF India offered at Feb 807.50, Mar 812.50, Apr 817.50, May 820 and June 825
  • Turkey offered at 800 vs —
  • Currency INR 63.66 , Euro 1.24, RM 3.89 and Rub 56.04

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