Market report week 1

By : Categories : Actualité Comment: 0 Comment
15/11/2019 22/11/2019 29/11/2019 09/12/2019 13/12/2019 20/12/2019 27/12/2019 03/01/2020
EUROS/USD 1,1067 1,1029 1,1011 1,1063 1,1142 1,1083 1,1204 1,1164
Brent close 63,32 64,58 65,90 66,47 67,65 68,55 68,98 70,82
NYMEX 57,59 57,73 58,17 59,25 60,16 60,48 61,78 64,14
BMD CPO Dec.2520 fev.2020 2748 2773 2858 2852 2915 3077 3126
RBD Olein FOB Dec.637,5 655 655 700 712,5 jan.722,5 770 790
CPO CIF R‘dam Dec.657,5 710 697,5 747,5 770 Janv.820 845 860
PFAD USD/MT 625 635 670 705 730 nc 770
c&f Rott spot
Coconut Oil Cif dec Janv.820 925 Janv.Fev   915 Feb.Mars1015 1020 1045 1115  Mars .Avril 1120
CBT  oil Soya Oil  USD  Spot 3043 3088 3037 3101 3260 3379 3473 3481
MATIF Rape seed Mai0. 386,5 384,75 384,5 391,5 394,25 403,25 407,5 411,5
EU Rape oil Dec.820 Dec.Janv .818 Janv.810 815 830 850 865 875
EU Soya Oil Dec.700 Janv.2020.690 692 Mars.720 738 778 800 803
EU Sun Oil  en USD 755 765 760 775 800 830 845 Janv.Mars  860
Others
Fish Oils  en USD Anchovy Sardine .
human consumption FOB Peru _ _ nc nc nc nc
human consumption FOB Morocco _ _ nc 2500 2500 2500
Aqua peru  FOB _ _ 1900 2000 2000 2000 2000
Omega 3 Feed pet food FOB Peru 2150 2050 2050 nc 2300 2300 2300
Omega 3 Feed pet food FOB Morocco 2200 _ _ 2070 2150 2150 2150 2150
Salmon South America  C&F European Port 1050 1050 1050 1050 1050 1050 1050 1050
Salmon   European production 1080 1080 1080 1070 1070 1070 1070 1070
Fish oils blend .Technical grade C&F European port 5% FFA 1090 1090 1090 1050 1050 1050 1050 1050
Mixed vegetable acid oils
45 lino EUROS/MT C&F European port 560 560 560 560 600 600 600 600
European production 550 550 550 550 580 580 580 580
Animal Fat ex France  cat 3 530 530 530 530 660 660 660 660
5% FFA
Crude Glycerine
Feed 270 270 270 270 270 270 270 150
technical 180 180 180 180 110 110 110 100
PALM
Malaysian palm oil futures are set to fall for a second session, as rising Mideast tensions stoke concerns about export shipments and traders squared off positions ahead of the Malaysian Palm Oil Board industry performance report due Jan. 10.
The benchmark palm oil contract for March delivery on the Bursa Malaysia Derivatives Exchange was down 30 ringgit, or 1%, to 3,086 ringgit ($751.49) by the midday break.
The contract ended last week 1.4% higher to clock its third weekly rise, also hitting its highest since January 2017 on Friday at 3,149 ringgit, before finishing the day lower.
Benchmark crude oil prices shot more than 2% higher on Monday, with Brent crude futures rising above $70 a barrel, after U.S. President Donald Trump threatened to impose sanctions on Iraq amid tensions with Iran in the Middle East.
If a war breaks out between the United States and Iran, though, palm oil shipment routes could be disrupted and freight charges may go up, said Paramalingam Supramaniam, a director at Selangor-based brokerage Pelindung Bestari Sdn Bhd.
Malaysia’s palm oil stockpiles likely fell 8.5% to 2.06 million tonnes in December from the month before, its lowest in 27 months, with production and export demand also slowing, a Reuters survey on Sunday showed.
EURO VEG OILS
Palm oil on the European vegetable oils market was offered firmer on Thursday, following a renewed rally in Malaysian palm oil futures on expectations for improved demand from India due to a cut in import taxes and because of a tight supply/demand outlookduring 2020.
 India has cut import taxes on crude and refined palm oil from Southeast Asian (ASEAN) countries to 37.after a request from suppliers. Tax on CPO was lowered to 37.5 percent from 40 percent.
Asking prices for palm oil were between $5 and $25 a tonne higher after Malaysian palm oil futures closed between 49 and 84 ringgit per tonne up, also supported by expectations for a cut in December ending stocks.
At 1700 GMT, CBOT soyoil futures were between 0.42 and 0.49 cents per lb on the back of sharp gain in Malaysian palm oil futures.
EU rapeoil was mostly quoted higher following gains in Chicago soyoil and because of stronger rapeseed futures and because of a stronger dollar, which underpins products quoted in euros.
 Coconut oil was quoted between $2.50 a tonne higher and $10 lower in thin trade, with a strong dollar weighing on dollar-priced products. Palmkernel oil was offered between $15 and $20 a tonne up, tracking stronger palm oil and underpinned by a strong ringgit, buyers were hard to find.
SOYBEAN
Chicago Board of Trade soybean futures slid on Friday as rising Middle East tensions fueled profit-taking and increased uncertainty, analysts said.
Selling hit markets after a U.S. air strike in Baghdad killed Tehran’s most prominent military commander.
The most actively traded soybean contract was due for a correction, analysts said, after reaching its highest price since June 12, 2018, on Thursday.
FISH OIL
PERU
With a fishing ban in force along most of the North/Central coast 20-30 December due to a high presence of juveniles, only 32.500 mt reported last week (all located North of the banned area while nothing outside the 30 mile barrier), bringing the total so far this year to 3.393.500 mt (5.915.500 mt) and the total since 1 October to 995.900 mt (1.910.500 mt). With oil yields around 2,9%, around 1000 mt oil produced, taking the total so far this season to around 28.000 mt. In addition, about 10.500 mt reported so far this week (Monday-Wednesday), bringing the preliminary total in the North/Central area to 1.006.310 mt against the 2,786 mill mt quota.
Another ban in the same area imposed this week from 1 January (i.e. most of the North/Central coast inside 30 miles) but this time indefinitely and pending an Imarpe prospective survey 4-8 January to see the distribution of the shoals and composition of juveniles and adults before giving their recommendation to the Ministry if fishing can continue or is to remain closed, which would put in serious doubt any more fishing this season.
Keeping in mind the ongoing fishing bans, the generally poor results so far and many away on Christmas and New Year holidays, we have not heard of further activity after the limited quantities previously traded $2000 fob.
Bruno GEAY