Market report week 11

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20/12/2019 27/12/2019 03/01/2020 24/02/2020 28/02/2020 06/03/2020 13/03/2020
EUROS/USD 1,1083 1,1204 1,1164 1,0819 1,1041 1,1468 1,1139
Brent close 68,55 68,98 70,82 57,62 52,65 34,43 31,74
NYMEX 60,48 61,78 64,14 51,94 45,92 29,78 30,73
BMD CPO 2915 3077 3126 2621 2403 2464 2323
RBD Olein FOB jan.722,5 770 790 Avril.665 585 612,5 580
CPO CIF R‘dam Janv.820 845 860 Avril.715 630 642,5 605
PFAD USD/MT 730 nc 770 747 710 727,5 680
c&f Rott spot
Coconut Oil Cif 1045 1115  Mars .Avril 1120 Mars.Avril 880 815 870 Avril.Mai 840
CBT  oil Soya Oil  USD  Spot 3379 3473 3481 3006 2831 2848 2611
MATIF Rape seed 403,25 407,5 411,5 Aout.388,25 372,75 371 353,5
EU Rape oil 850 865 875 Avril.813 775 773 Aout.698,5
EU Soya Oil 778 800 803 Avril.715 690 680 640
EU Sun Oil  en USD 830 845 Janv.Mars  860 Avril.Juin 750 715 735 705
Others
Fish Oils  en USD Anchovy Sardine .
human consumption FOB Peru nc nc nc nc nc nc nc
human consumption FOB Morocco 2500 2500 2500 2500 2500 2500 2500
Aqua peru  FOB 2000 2000 2000 2000 nc nc nc
Omega 3 Feed pet food FOB Peru 2300 2300 2300 2300 2400 2400 2400
Omega 3 Feed pet food FOB Morocco 2150 2150 2150 2150 `nc `nc `nc
Salmon South America  C&F European Port 1050 1050 1050 1050 1050 1050 1050
Salmon   European production 1070 1070 1070 1070 1070 1070 1070
Fish oils blend .Technical grade C&F European port 5% FFA 1050 1050 1050 1050 980 950 950
Mixed vegetable acid oils
45 lino EUROS/MT C&F European port 600 600 600 600 600 600 600
European production 580 580 580 580 580 580 580
Animal Fat ex France  cat 3 660 660 660 660 660 660 660
5% FFA
Crude Glycerine
Feed 270 270 150 150 150 320 320
technical 110 110 100 100 100 100 100
PALM
Malaysian palm oil futures fell on Monday as fears of the rapidly spreading coronavirus outbreak stoked demand worries, though a weaker ringgit limited losses.
The benchmark palm oil contract for June delivery on the Bursa Malaysia Derivatives Exchange slid 16 ringgit, or 0.7%, to 2,254 ringgit ($524.31) by the midday break.
Palm oil had fallen 7% last week to trade at October levels, as panic over the pandemic drove heavy selling across assets.
« Palm is down on demand disruption in the European Union and Middle East as rising coronavirus cases in the region is risking vegetable oil demand, » said Anilkumar Bagani, research head of Sunvin Group, a Mumbai-based vegetable oil broker.
Malaysia palm oil exports for March 1-15 fell between 1.8% and 9.6% from the month before, according to cargo surveyors.
EURO VEG OILS
Palm oil on the European vegetable oils market was mostly firmer on  Friday on a mild rebound following recent losses on the back of concerns over  the impact the coronavirus pandemic will have on the world economy.
Asking prices for palm oil were between $2.50 a tonne lower and $12.50 higher. Malaysian palm oil futures closed between eight ringgit per tonne up and 21 ringgit down, well down from the day’s highs.
EU rapeoil was quoted between three and 25 euros per tonne lower, following ongoing weakness in rapeseed futures, which continued to ease because of the bearish impact of the coronavirus pandemic.
Lauric oils were offered between flat and $15 a tonne down, pressured by a strong dollar, which weighs on dollar-priced products and due to lack of buyers. The spread between coconut oil and the usually cheaper palmkernel oil was $120 a tonne for April/May shipment.
SOYBEAN
Chicago Board of Trade soybean futures closed lower on Friday on technical selling, worries about export demand and improving weather in dry areas of Argentina that bolstered harvest prospects, traders said.
Soybean farmers in top exporter Brazil have harvested 62.8% of the 2019-20 crop, aided by drier weather in recent days, consultancy ARC Mercosul said.
FISH OIL
PERU
There is some informal information about spawning activity in the very North which is consistent with the anchovy replacing the usual short summer peak with a longer period of decreasing of the spawning activity since last winter peak. However, the industry generally expects a late start to the season caused by late/lack of spawning.
The market has continued to be quiet with limited unsold stocks and cautious buyers.
CHILE – We understand the anchovy season has started again in the North, but too early for news. The fishing ban on anchovy/sardines in the main Southern region VIII BioBio was yesterday postponed by another week due to juveniles. The industry expects the stop to last until the end of March and in view of the high number of juveniles, the coming season is expected to be with oil yields below average and well below the yields last year. 
DENMARK – Another 9543 mt blue whiting officially reported this week, taking the total this year to 16.802 mt (against 84.941 mt Jan/full March last year). Also 4435 mt sprat reported, giving a total of 19.678 mt (against 89.164 mt Jan/full March last year). 
Bruno GEAY