Market report week 12

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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 20/03/2020
EUROS/USD 1,1083 1,1204 1,1164 1,0819 1,1041 1,1468 1,1139 1,0856
Brent close 68,55 68,98 70,82 57,62 52,65 34,43 31,74 23,71
NYMEX 60,48 61,78 64,14 51,94 45,92 29,78 30,73 22,68
BMD CPO 2915 3077 3126 2621 2403 2464 2323         Avril.2321
RBD Olein FOB jan.722,5 770 790 Avril.665 585 612,5 580 560
CPO CIF R‘dam Janv.820 845 860 Avril.715 630 642,5 605 587,5
PFAD USD/MT 730 nc 770 747 710 727,5 680 665
c&f Rott spot
Coconut Oil Cif 1045 1115  Mars .Avril 1120 Mars.Avril 880 815 870 Avril.Mai 840 800
CBT  oil Soya Oil  USD  Spot 3379 3473 3481 3006 2831 2848 2611 2564
MATIF Rape seed 403,25 407,5 411,5 Aout.388,25 372,75 371 353,5 349
EU Rape oil 850 865 875 Avril.813 775 773 Aout.698,5 Aout oct.687
EU Soya Oil 778 800 803 Avril.715 690 680 640 Juin.615
EU Sun Oil  en USD 830 845 Janv.Mars  860 Avril.Juin 750 715 735 705 680
Others
Fish Oils  en USD Anchovy Sardine .
human consumption FOB Peru nc nc nc nc nc nc nc nc
human consumption FOB Morocco 2500 2500 2500 2500 2500 2500 2500 2500
Aqua peru  FOB 2000 2000 2000 2000 nc nc nc nc
Omega 3 Feed pet food FOB Peru 2300 2300 2300 2300 2400 2400 2400 2400
Omega 3 Feed pet food FOB Morocco 2150 2150 2150 2150 `nc `nc `nc `nc
Salmon South America  C&F European Port 1050 1050 1050 1050 1050 1050 1050 1050
Salmon   European production 1070 1070 1070 1070 1070 1070 1070 1070
Fish oils blend .Technical grade C&F European port 5% FFA 1050 1050 1050 1050 980 950 950 950
Mixed vegetable acid oils
45 lino EUROS/MT C&F European port 600 600 600 600 600 600 600 600
European production 580 580 580 580 580 580 580 580
Animal Fat ex France  cat 3 660 660 660 660 660 660 660 660
5% FFA
Crude Glycerine
Feed 270 270 150 150 150 320 320 320
technical 110 110 100 100 100 100 100 100
PALM
Malaysian palm oil futures fell on Monday, dragged down by worsening demand concerns as governments across the globe imposed lockdowns to contain the coronavirus outbreak.
The benchmark palm oil contract, for June delivery, on the Bursa Malaysia Derivatives Exchange was down 2.19% at 2,238 ringgit per tonne by the midday break. It gained 3.2% on Friday.
The situation is gloomy on the demand front as big importers like India, Europe and the Middle East have struggled with lockdown measures, said Anilkumar Bagani, research head at Sunvin Group, a Mumbai-based vegetable oil broker.
More countries have ordered lockdowns to halt the coronavirus’ unabating spread, with a number of Indian states extending a lockdown till March 31. Those moves have deepened worries about a slowdown in global economic growth and dimmed the outlook for commodities.
EURO VEG OILS
Palm oil on the European vegetable oils market was offered  firmer on Friday following gains in Malaysian palm oil futures, which were supported by a rally in energy prices early in the day and because of a  recovery in global equity markets.
EU rapeoil was mostly quoted between flat and 13 euros per tonne lower after prices dipped during the day from gains recorded early in the day as energy markets turned lower.
Coconut oil was offered between $2.50 and $5 a tonne higher on the back of gains in palm oil, while a strong dollar, which weighs on products quoted in dollars, weighed on palmkernel oil with offerings between unchanged and $35 a tonne lower. The spread between coconut oil and the usually cheaper palmkernel oil was $155 a tonne for April/May shipment.
SOYBEAN
Chicago Board of Trade soybean futures rose for the fourth day in a row on Friday, hitting a one-week high on expectations for strong demand for soymeal, traders said.
Soymeal futures surged 2.5% to a nine-month high, buoyed by expectations for good sales to the livestock sector and on the export front.
Soyoil futures also were firmer, but gains were kept in check as the recent rout in crude oil prices has cut into demand for biofuel.
FISH OIL
PERU – On Sunday (15 March), the Peruvian Government declared state of emergency for 15 days in response to the global Covid-19 crisis, including the closing of all international borders for the transit of people and the mandatory social isolation of the population, which in practical terms means all families must remain at home for the stipulated period, with the only exception of acquiring food and medicines and seeking health care when strictly necessary. With these national measures in force, in the first round until 1 April, there is now uncertainty around the timeline of the procedures for the start of the next season, when Imarpe can interpret the results and give their recommendation to the Ministry, when the quota can be set (by the Minister) as well as the start of the season. We hear of some talk/expectations of a start sometime ultimo April/May. Meantime, Imarpes research cruise expected to complete the North/Central range on Monday (23 March), where after they will immediately continue in the South range (expected to finish around 28 March). 
Exploratory fishing in the South already closed after a couple of days of poor results.
The market has continued to be quiet with limited unsold stocks and cautious buyers.
CHILE – No news yet from the start on anchovy in the North. The anchovy/sardine stop in the main southern region BioBio was yesterday prolonged with another week («week by week» due to a high number of juveniles) with next revision end next week. 
Bruno GEAY