Market report week 26
|BMD CPO||2090||Juin.2094||1951||1976||Juillet.1986||2002||Aout .1920|
|RBD Olein FOB||540||527,5||Juin 505||507,5||Juillet 512,5||507,5||Aout 497,5|
|CPO CIF R‘dam||537,5||527,5||Juin 495||492,5||Juillet.505||490||Aout507,5|
|c&f Rott spot|
|Coconut Oil Cif||685||660||665||640||655||645||Aout /Sept 650|
|CBT oil Soya Oil USD Spot||2870||2752||2650||2701||2738||2761||2824|
|MATIF Rape seed||363,5||Mai .370||360,75||Aout 365,75||367,75||369,25||364,25|
|EU Rape oil||715||Juin.Juillet . 730||720||Juillet 730||733||736||Aout /Octobre.726|
|EU Soya Oil||650||Juin.660||645||660||Juillet 660||655||Aout/Octobre 639|
|EU Sun Oil en USD||710||Mai.Juin 705||Juin 715||Juillet /Sept 730||730||735||Aout/Septembre.747,5|
|Fish Oils en USD Anchovy Sardine .|
|human consumption FOB Peru||–||–||–||2300||2300||2300||2300|
|human consumption FOB Morocco||–||–||–||2500||2500||2500||2500|
|Aqua peru FOB||1750||1750||1900||1950||1900||1900||1900|
|Omega 3 Feed pet food FOB Peru||–||–||–||2250||2250||2250||2250|
|Omega 3 Feed pet food FOB Morocco||–||–||–||2150||2150||2150||2150|
|Salmon South America C&F European Port||1200||1200||1200||1100||1100||1100||1150|
|Salmon European production||1050||1050||1050||1050||1050||1050||–|
|Fish oils blend .Technical grade C&F European port 5% FFA||1000||1000||1000||950||950||950||1000|
|Mixed vegetable acid oils|
|45 lino EUROS/MT C&F European port||560||560||560||560||560||560||560|
|Animal Fat ex France cat 3||460||460||460||460||580||580||530|
Malaysian palm oil futures rebounded on Monday from their lowest level in seven months, following gains in rival soyoil and on hopes export demand would improve due to the recent correction in prices. The upside in crude oil was also supporting palm oil on Monday, analysts said. Oil prices rose more than $1 a barrel on Monday after Saudi Arabia, Russia, Iraq backed an extension of supply cuts for another six to nine months ahead of an OPEC meeting this week.
EURO VEG OILS
Nearby positions palm oil on the European vegetable oils market was offered mostly easier on Friday in slow trade ahead of USDA acreage and quarterly stocks reports and pressured by softer Malaysian palm oil futures on expectations that poor exports and improved production could cause larger Malaysian palm oil stocks in June. EU rapeoil was offered between unchanged and three euros per tonne lower following easier rapeseed futures and because of a weak dollar, which weighs on euro-priced products. Lauric oils were mostly quoted between $5 a tonne up and $15 down, tracking easier palm oil futures and pressured by slack demand. The spread between coconut oil and the cheaper palmkernel oil was $100 for August/September shipment.
Chicago Board of Trade (CBOT) soybean futures rallied for the first time in four sessions on Friday after the U.S. Department of Agriculture (USDA) estimated U.S. plantings well below trade expectations, traders said.U.S. President Donald Trump on Friday said he hoped for productive talks with Chinese President Xi Jinping on a trade war, but said he had not made any promises about a reprieve from escalating tariffs.
The Ministry yesterday announced a 10-day fishing ban in the North/Central area because the accumulated total catch of juveniles is close to reaching the maximum limit at 273.000 mt (the juvenile catch until 23 June was 257.000 mt). Keeping in mind it is already late in the season, it is now uncertain whether they will reach the quota this year or if the balance of about 250.000 mt will be left uncaught. We do not have concrete selling ideas following yesterday’s quota news, although there could still possibly be limited quantities available around $1900 fob for aqua.