Market report week 8

By : Categories : Actualité Comment: 0 Comment
13/12/2019 20/12/2019 27/12/2019 03/01/2020 24/02/2020
EUROS/USD 1,1142 1,1083 1,1204 1,1164 1,0819
Brent close 67,65 68,55 68,98 70,82 57,62
NYMEX 60,16 60,48 61,78 64,14 51,94
BMD CPO 2852 2915 3077 3126 2621
RBD Olein FOB 712,5 jan.722,5 770 790 Avril.665
CPO CIF R‘dam 770 Janv.820 845 860 Avril.715
PFAD USD/MT 705 730 nc 770 747
c&f Rott spot
Coconut Oil Cif 1020 1045 1115  Mars .Avril 1120 Mars.Avril 880
CBT  oil Soya Oil  USD  Spot 3260 3379 3473 3481 3006
MATIF Rape seed 394,25 403,25 407,5 411,5 Aout.388,25
EU Rape oil 830 850 865 875 Avril.813
EU Soya Oil 738 778 800 803 Avril.715
EU Sun Oil  en USD 800 830 845 Janv.Mars  860 Avril.Juin 750
Others
Fish Oils  en USD Anchovy Sardine .
human consumption FOB Peru nc nc nc nc nc
human consumption FOB Morocco nc 2500 2500 2500 2500
Aqua peru  FOB 2000 2000 2000 2000 2000
Omega 3 Feed pet food FOB Peru nc 2300 2300 2300 2300
Omega 3 Feed pet food FOB Morocco 2150 2150 2150 2150 2150
Salmon South America  C&F European Port 1050 1050 1050 1050 1050
Salmon   European production 1070 1070 1070 1070 1070
Fish oils blend .Technical grade C&F European port 5% FFA 1050 1050 1050 1050 1050
Mixed vegetable acid oils
45 lino EUROS/MT C&F European port 600 600 600 600 600
European production 580 580 580 580 580
Animal Fat ex France  cat 3 660 660 660 660 660
5% FFA
Crude Glycerine
Feed 270 270 270 150 150
technical 110 110 110 100 100
PALM
Malaysian palm oil futures fell on Monday, pressured by prospects of higher production and concerns over falling demand due to the global spread of the coronavirus, although losses were limited by a weaker ringgit.
The benchmark palm oil contract for May delivery on the Bursa Malaysia Derivatives Exchange fell 0.5%, to 2,610 ringgit during the midday break.
« Palm oil prices are following weakness in soybean oil on the Chicago Board of Trade and RBD palm olein futures on the Dalian Commodity Exchange, » said Anilkumar Bagani, research head of Sunvin Group, a Mumbai-based vegetable oil broker.
« The sharply lower crude oil prices amid increasing new coronavirus cases outside of China also impacted the sentiment. »
The contract lost 1.4% last week, with prices touching their lowest level since November 2019, due to demand concerns as the virus forced millions in China, the second-largest buyer of palm oil, to stay at home amid attempts to contain the spread of the disease.
EURO VEG OILS
Palm oil on the European vegetable oils market was offered firmer  on Friday, tracking stronger Malaysian palm oil futures, which closed higher because of gains in rival vegetable oils and due to improving export demand during February.
Asking prices for palm oil were between unchanged and $12.50 up from Thursday after Malaysian palm oil futures closed between 15 and 39 ringgit higher. A weaker dollar also underpinned cash palm oil.
 EU rapeoil was mostly offered between flat and two euros per tonne lower, pressured by a weaker dollar, which weighs on euro-priced prices, and due to lack of buying interest. Lower energy prices also weighed, as lower energy prices could reduce demand for vegetable oils from biodiesel producers.
Lauric oils were quoted between unchanged and $40 a tonne higher, supported by firmer palm oil and underpinned by the weaker dollar, which supports dollar-priced products. The spread between coconut oil and the usually cheaper palmkernel oil was $75 a tonne for April/May shipment.
SOYBEAN
Chicago Board of Trade soybean futures fell on Friday, shruggging off early strength on technical selling and concerns about export demand, traders said.
The most active March contract hit its highest since January 29 early in the session but turned lower after hitting resistance at its 30-day moving average. It has not traded above that key technical point since Jan. 15.
FISH OIL
PERU
No fresh prospects for a potential 1st semester quota in the South (as previously
mentioned, latest observations showed high incidence of juveniles).
Producers seems to be close to sold out from the previous N/C-season, could still be
some very limited quantities available around $2300/2350 fob to feed.
Bruno GEAY