Market report week 18

By : Categories : Actualité Comment: 0 Comment
13/03/2020 20/03/2020 27/03/2020 03/04/2020 10/04/2020 17/04/2020 24/04/2020 01/05/2020
EUROS/USD 1,1139 1,0856 1,1095 1,0821 1,0949 1,0847 1,0856 1,094
Brent close 31,74 23,71 21,39 33,99 32,40 27,19 20,67 18,26
NYMEX 30,73 22,68 20,75 28 23,6 23,44 15,1 18,73
BMD CPO 2323         Avril.2321         Mai.2426 2296 2365 2285 2121           Juin.2104
RBD Olein FOB 580 560 605 Mai.572,5 585 562,5 532,5 Juin.530
CPO CIF Rott 605 587,5 610 Mai.587,5 592,5 555 535 Juin552,5
PFAD USD/MT 680 665 675 660 665 647,5 625 617,5
c&f Rott spot
Coconut Oil Cif Avril.Mai 840 800 Mars.Juin.865 Mai.Juin .860 865 Juin.Juillet. 840 810 805
CBT  oil Soya Oil  USD  Spot 2611 2564 2685 2643 2741 2629 2505 2650
MATIF Rape seed 353,5 349 360,25 366,5 370,75 369,5 364,5 Juin.370,50
EU Rape oil Aout.698,5 Aout oct.687 695 705 728 720 703 717
EU Soya Oil 640 Juin.615 660 620 630 635 615 Juin.Juillet.610
EU Sun Oil  en USD 705 680 680 Jlt .Sept.720 760 765 745 735
Others
Fish Oils  en USD Anchovy Sardine .
human consumption FOB Peru nc nc 2600 2600 2600 2600 nc nc
human consumption FOB Morocco 2500 2500 2500 2500 2500 2500 nc nc
Aqua fob Chili 1900 1900
Aqua peru  FOB nc nc 2000 2000 2000 2000 nc nc
Omega 3 Feed pet food FOB Peru 2400 2400 2400 2400 2400 2400 nc nc
Omega 3 Feed pet food FOB Morocco `nc `nc 2400 2400 2400 2400 2350 2350
Salmon South America  C&F European Port 1050 1050 1050 1050 1050 1050 1100 1100
Salmon   European production 1070 1070 1100 1100 1100 1100 1150 1150
Fish oils blend .Technical grade C&F European port 5% FFA 950 950 950 950 950 950 980 980
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 3 660 660 660 600 600 600 600 600
5% FFA
Crude Glycerine
Feed 320 320 320 320 350 350 375 425
technical 100 100 100 100 150 150 300 300
PALM
Malaysian palm oil futures slipped more than 2% on Monday after three straight sessions of gains, dragged lower by weaker crude oil and CBOT soybean oil amid rising tensions between the United States and China over the coronavirus outbreak.
Palm oil prices fell 13% last month due to a historic rout in crude oil and as coronavirus-led lockdowns around the globe curbed demand.
« The soybean price in correlation to palm oil is impacting prices, while the market awaits April palm supply data versus flattish demand and recent lower domestic consumption, » said Marcello Cultrera, institutional sales manager and broker at Phillip Futures in Kuala Lumpur.
The soybean market came under pressure due to renewed tensions between the United States and China after President Donald Trump threatened new tariffs on Beijing over the coronavirus outbreak.
Soyoil prices on the Chicago Board of Trade (CBOT) were down 1.02%. The Dalian was closed for trading.
Palm oil is affected by price movements in related oils as they compete for a share in the global vegetable oils market.
Oil prices fell on worries a global oil glut may persist as U.S.-China trade tension could hold back an economic recovery even as coronavirus lockdowns start to ease.
Weaker crude oil futures make palm a less attractive option for biodiesel feedstock.
EURO VEG OILS
LONDON, April 30 (Refinitiv) – Palm oil gained today on the European vegetable oils market, elevated by a weaker ringgit and upward trending energy prices.
 Asking prices for palm oil were mostly between $5 and $10 per tonne up from Wednesday supported by a weaker ringgit, which makes palm oil cheaper for holders of foreign currencies, and the general upward trend in crude oil prices, which increases palm oil’s competitiveness as a biodiesel alternative. Malaysian palm oil futures closed between 15 and 56 ringgit per tonne up from yesterday.
At 1600 GMT, CBOT soyoil futures were between 0.23 and 0.52 cents per lb up from yesterday following the general upward trend in soybean futures and crude oil.
EU rapeoil was quoted between seven and twelve euros per tonne up tracking gains in rapeseed futures and energy prices.
Lauric oils were mostly offered between unchanged and $35 per tonne up from yesterday. The spread between coconut oil and the cheaper palmkernel oil was $190 per tonne for June/July shipment.
SOYBEAN
Chicago Board of Trade soybean futures fell on Friday as trade tensions between the United States and top global soy buyer China resurfaced.
Grains and equity markets fell after U.S. President Donald Trump on Thursday said his hard-fought trade deal with China was now of secondary importance to the coronavirus outbreak and he threatened new tariffs on Beijing.
CBOT July soybean futures settled down 5-3/4 cents at $8.49-1/2 per bushel.
For the week, the contract rose 10 cents or 1.2%, snapping a two-week skid.
CBOT July soymeal closed down $2.60 on Friday at $292.50 per short ton and CBOT July soyoil ended down 0.10 cent at 26.50 cents per pound.
The U.S. Department of Agriculture (USDA) confirmed sales of 264,000 tonnes of U.S. soybeans to China.
 After the CBOT close, the USDA reported the U.S. soybean crush for May at 5.765 million tons or 192.1 million bushels, above an average of analyst expectations of 191.5 million bushels.
Argentine farmers have harvested 68.2% of this season’s soy crop, the Buenos Aires Grains Exchange said in a report on Thursday, with most progress over the last week made in northern growing area that escaped recent torrential rains.
The CBOT reported no deliveries against May soybean futures. The exchange reported 22 deliveries against May soymeal and 1,032 May soyoil deliveries.
FISH OIL
PERU – As previously advised, the state of emergency in response to the Covid-19 is ongoing until 11th May, but the fishing industry will be able to fully operate as long as they follow the health protocols with respect to social distancing set by the authorities. 
The Imarpe 15-day prospective cruise in the Chimbote/Paita range finished last weekend and Imarpe have sent their report/recommendation to the Ministry of Production. It seems that the season will open from Callao to Paita (i.e. uncertain that fishing will be opened south of Callao down to San Juan, the southernmost part of the North/Central range, due to juveniles). The industry is expecting a quota between 1,5-2,0 mill mt (maybe leaning more towards 2,0 mill) and the season could open from 4th May but depending on the sanitary requirements for boat crews and factories, the start could also be somewhat later around 11th May. In view of all the uncertainty the industry seems uncertain if they will be able to reach a catch in excess of 1,5 mill mt if the quota is set higher. 
The market has remained quiet with limited unsold stocks and cautious buyers, waiting the quota announcement
BGEAY