Market report week 30
|BMD CPO||Juillet.1986||2002||Aout .1920||1916||1905||Sept.2032|
|RBD Olein FOB||Juillet 512,5||507,5||Aout 497,5||492,5||497,5||Sept .525|
|CPO CIF R‘dam||Juillet.505||490||Aout507,5||487,5||490||Sept.520|
|c&f Rott spot|
|Coconut Oil Cif||655||645||Aout /Sept 650||645||665||Sept.Oct 740|
|CBT oil Soya Oil USD Spot||2738||2761||2824||2831||2810||2847|
|MATIF Rape seed||367,75||369,25||364,25||370,25||374||Aout.379,75|
|EU Rape oil||733||736||Aout /Octobre.726||735||743||772|
|EU Soya Oil||Juillet 660||655||Aout/Octobre 639||Aout .657||Aout .655||Sept.685|
|EU Sun Oil en USD||730||735||Aout/Septembre.747,5||Juilet Sept .760||Oct.Dec . 740||755|
|Fish Oils en USD Anchovy Sardine .|
|human consumption FOB Peru||2300||2300||2300||2300||2350||2350|
|human consumption FOB Morocco||2500||2500||2500||2500||2500||2500|
|Aqua peru FOB||1900||1900||1900||1900||1850||1850|
|Omega 3 Feed pet food FOB Peru||2250||2250||2250||2250||2200||2200|
|Omega 3 Feed pet food FOB Morocco||2150||2150||2150||2150||2300||2300|
|Salmon South America C&F European Port||1100||1100||1150||1150||1150||1150|
|Salmon European production||1050||1050||–||–||–||–|
|Fish oils blend .Technical grade C&F European port 5% FFA||950||950||1000||1000||1000||1000|
|Mixed vegetable acid oils|
|45 lino EUROS/MT C&F European port||560||560||560||560||560||560|
|Animal Fat ex France cat 3||580||580||530||530||530||530|
Malaysian palm oil futures declined at the midday break on Friday, though still trading near one-month highs, as they tracked weaker overnight U.S. soyoil on the Chicago Board of Trade (CBOT). The market slipped tracking overnight weakness in U.S. soyoil, furthermore the market was (earlier) overbought, » said a futures trader based in Kuala Lumpur. But I think palm’s downside will be capped, as current externals remain steady, » she added, referring to U.S. soyoil prices on Friday.Palm oil prices are affected by movements in related oils that compete for a share of the global vegetable oils market.
EURO VEG OILS
Palm oil on the European vegetable oils market continued to rise on Thursday following bullish sentiment in Malaysian palm oil futures as weather markets and concerns over a tighter supply/demand outlook underpinned related oils. EU rapeoil was offered between four euros per tonne up and four euros down from Wednesday. Support came from follow-through buying on concerns over a tight supply/demand outlook, while profit taking from yesterday’s gains and a dip in the dollar during the day both weighed. Lauric oils were mostly offered between unchanged and $30 a tonne up, following gains in palm oil and because of a lack of sellers.
Lauric oils were mostly offered between unchanged and $30 a tonne up, following gains in palm oil and because of a lack of sellers.China, which is in a trade war with the United States and needs fewer soybeans as swine fever ravishes its pig herd, canceled 148,400 metric tonnes of U.S. soybean orders, data showed.Soybean export sales last week were near the low end of trade expectations, with combined sales for the current and upcoming marketing years at an 11-week low.
Reported trades of significant volumes, mainly for Omega 3 markets around $2200 fob plus some for aqua $1825 fob, leaving estimated unsold stocks for the season around 15/20.000 mt. Producers may consider some more for aqua around $1850 fob, but are not actively quoting against buyers that also seem generally content for the time being.