Market report week 16

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28/02/2020 06/03/2020 13/03/2020 20/03/2020 27/03/2020 03/04/2020 10/04/2020 17/03/2020
EUROS/USD 1,1041 1,1468 1,1139 1,0856 1,1095 1,0821 1,0949 1,0847
Brent close 52,65 34,43 31,74 23,71 21,39 33,99 32,40 27,19
NYMEX 45,92 29,78 30,73 22,68 20,75 28 23,6 23,44
BMD CPO 2403 2464 2323         Avril.2321         Mai.2426 2296 2365 2285
RBD Olein FOB 585 612,5 580 560 605 Mai.572,5 585 562,5
CPO CIF R‘dam 630 642,5 605 587,5 610 Mai.587,5 592,5 555
PFAD USD/MT 710 727,5 680 665 675 660 665 647,5
c&f Rott spot
Coconut Oil Cif 815 870 Avril.Mai 840 800 Mars.Juin.865 Mai.Juin .860 865 Juin.Juillet. 840
CBT  oil Soya Oil  USD  Spot 2831 2848 2611 2564 2685 2643 2741 2629
MATIF Rape seed 372,75 371 353,5 349 360,25 366,5 370,75 369,5
EU Rape oil 775 773 Aout.698,5 Aout oct.687 695 705 728 720
EU Soya Oil 690 680 640 Juin.615 660 620 630 635
EU Sun Oil  en USD 715 735 705 680 680 Jlt .Sept.720 760 765
Others
Fish Oils  en USD Anchovy Sardine .
human consumption FOB Peru nc nc nc nc 2600 2600 2600 2600
human consumption FOB Morocco 2500 2500 2500 2500 2500 2500 2500 2500
Aqua peru  FOB nc nc nc nc 2000 2000 2000 2000
Omega 3 Feed pet food FOB Peru 2400 2400 2400 2400 2400 2400 2400 2400
Omega 3 Feed pet food FOB Morocco `nc `nc `nc `nc 2400 2400 2400 2400
Salmon South America  C&F European Port 1050 1050 1050 1050 1050 1050 1050 1050
Salmon   European production 1070 1070 1070 1070 1100 1100 1100 1100
Fish oils blend .Technical grade C&F European port 5% FFA 980 950 950 950 950 950 950 950
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 3 660 660 660 660 660 600 600 600
5% FFA
Crude Glycerine
Feed 150 320 320 320 320 320 350 350
technical 100 100 100 100 100 100 150 150
PALM
Malaysian palm oil futures rose on Monday on signs that demand in April had picked up, although gains were capped by weaker crude and soyoil prices
Demand is improving as buyers replenish their inventories to avoid being caught with low stocks during their lockdown to contain the new coronavirus, Paramalingam said.
Malaysian palm oil exports in April 1-20 increased between 4.5% and 7.4%, according to two cargo surveyors’ data released after market paused. Limiting palm’s upside,
crude futures fell, with U.S. futures touching levels not seen since 1999, extending weakness on the back of sliding demand and concerns that U.S. storage facilities will soon fill to the brim amid the coronavirus pandemic.
Weaker crude oil futures make palm a less attractive option for biodiesel feedstock.
Dalian’s most-active soyoil contract fell 0.4%, while its palm oil contract gained 1.17%. Soyoil prices on the Chicago Board of Trade were down 0.56%.
EURO VEG OILS
Palm oil on the European vegetable oils market firmed on Friday,  tracking gains in Malaysian palm oil futures on the back of bargain buying and  short covering following recent losses on concerns over weakening demand and the outlook for improving production.
 Asking prices for palm oil were mostly between unchanged and $20 up from Thursday after Malaysian palm oil futures closed between seven and 33 ringgit per tonne higher, also on concerns over a slowdown in export demand.
At 1630 GMT, CBOT soyoil futures were between 0.02 cents per lb higher and 0.09 cents lower as technical support was offset by ongoing worries the coronavirus pandemic was slowing down global demand and because of weaker energy prices, which could reduce demand for vegetable oils by biodiesel makers.
EU rapeoil was quoted between unchanged and 10 euros per tonne higher, tracking a stronger dollar and due to technical gains in rapeseed futures. Slack demand limited gains.
 Lauric oils were mostly offered between flat and $10 a tonne lower due to slack demand and pressured by a firmer dollar, which weighs on products quoted in that currency. The spread between coconut oil and the cheaper palmkernel oil was $160 a tonne for June/July shipment.
SOYBEAN
Chicago Board of Trade soybean futures fell for a fifth straight session on Friday, on continued concerns about weak export demand and worries about domestic livestock feed demand, traders said.
The markets were closed on April 10, a week earlier, for the Easter holiday.
The U.S. Department of Agriculture reported on Friday that private exporters sold 120,000 tonnes of U.S. soybeans for delivery to unknown destinations during the 2019-2020 marketing year.
 Smithfield Foods Inc, the world’s largest pork processor, said on Wednesday it would shutter two U.S. plants that process bacon and ham, after closing a separate hog slaughterhouse because of an outbreak of the coronavirus among employees
FISH OIL
PERU – As expected, the state of emergency in response to the global Covid-19 crisis was prolonged from 12 April until 26 April as they continue to fight the development of the virus. On the other side, the industrial fleet has obtained exemptions in order to start preparing the fleet and factories for the season. 
Imarpe is currently conducting a prospective research with one research vessel from Paita to Chimbote which will last 15 days and finish on April 29th. The main goal is is to confirm the earlier findings of the regular cruise which found a big mixture of anchovy sizes, adult + juveniles with some close to 12 cm and some smaller, i.e. to update the structure of the shoals among the spawning stage. In regards to the quota, strong speculation now that it may end up around 1,5-2,0 mill mt and with a start first half/second week May.
The market has remained quiet with limited unsold stocks and cautious buyers, waiting the quota and the developments of the coronavirus.
CHILE – We still hear of slow on/off fishing in the North, while sardine/anchovy fishing in the main southern region VIII BioBio described as normal after starting up again after Easter 
ICELAND – A large number of Icelandic boats (we hear together with a similar number of Russian vessels as well as some Faroese boats) have for some time been waiting on the fishing grounds for the blue whiting to enter the Faroese zone (thus making it accessible for the Icelandic fleet) but we understand they are not yet in operation, leaving the official total this year at 50.265 mt against the 192.330 mt quota. Producers not active. 
BGEAY