Market report week 19

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20/03/2020 27/03/2020 03/04/2020 10/04/2020 17/04/2020 24/04/2020 01/05/2020 08/05/2020
EUROS/USD 1,0856 1,1095 1,0821 1,0949 1,0847 1,0856 1,094 1,0844
Brent close 23,71 21,39 33,99 32,40 27,19 20,67 18,26 30,68
NYMEX 22,68 20,75 28 23,6 23,44 15,1 18,73 24,54
BMD CPO         Avril.2321         Mai.2426 2296 2365 2285 2121           Juin.2104 2028
RBD Olein FOB 560 605 Mai.572,5 585 562,5 532,5 Juin.530 517,5
CPO CIF Rott 587,5 610 Mai.587,5 592,5 555 535 Juin552,5 517,5
PFAD USD/MT 665 675 660 665 647,5 625 617,5 600
c&f Rott spot
Coconut Oil Cif 800 Mars.Juin.865 Mai.Juin .860 865 Juin.Juillet. 840 810 805 Juillet.Aout.835
CBT  oil Soya Oil  USD  Spot 2564 2685 2643 2741 2629 2505 2650 2623
MATIF Rape seed 349 360,25 366,5 370,75 369,5 364,5 Juin.370,50 375,25
EU Rape oil Aout oct.687 695 705 728 720 703 717 730
EU Soya Oil Juin.615 660 620 630 635 615 Juin.Juillet.610 610
EU Sun Oil  en USD 680 680 Jlt .Sept.720 760 765 745 735 745
Others
Fish Oils  en USD Anchovy Sardine .
human consumption FOB Peru nc 2600 2600 2600 2600 nc nc nc
human consumption FOB Morocco 2500 2500 2500 2500 2500 nc nc nc
Aqua fob Chili 1900 1900 1900
Aqua peru  FOB nc 2000 2000 2000 2000 nc nc nc
Omega 3 Feed pet food FOB Peru 2400 2400 2400 2400 2400 nc nc nc
Omega 3 Feed pet food FOB Morocco `nc 2400 2400 2400 2400 2350 2350 2350
Salmon South America  C&F European Port 1050 1050 1050 1050 1050 1100 1100 1100
Salmon   European production 1070 1100 1100 1100 1100 1150 1150 1150
Fish oils blend .Technical grade C&F European port 5% FFA 950 950 950 950 950 980 980 980
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 3 660 660 600 600 600 600 600 600
5% FFA
Crude Glycerine
Feed 320 320 320 350 350 375 425 500
technical 100 100 100 150 150 300 300 325
PALM
Malaysian palm oil futures climbed more than 2% on Friday, buoyed by hopes of a revival in demand due to the easing of coronavirus-led curbs in some countries and a fall in inventories in top producer Indonesia, but the contract was set for a sharp weekly decline.
The benchmark palm oil contract for July delivery on the Bursa Malaysia Derivatives Exchange gained 45 ringgit, or 2.3%, to 1,991 ringgit ($462.92) per tonne by the midday break.
Palm oil hit a 10-month low on Wednesday, while losing 4.6% this week, pressured by forecasts of April end-stocks in Malaysia rising 10% from March as lockdowns around the world sharply reduced demand.
Malysian markets were closed on Thursday for a holiday.
Top importing nations, including India and China, are experiencing lower stockpiles due to the lockdown, and demand will surge once their restrictions are lifted, said Paramalingam Supramaniam, director at Selangor-based brokerage Pelindung Bestari Sdn Bhd.
« The scenario of lower edible oil stockpiles both in China and India encouraged the covering we witnessed in the market today, » said Paramalingam Supramaniam.
Meanwhile, palm oil stockpile in Indonesia, the world’s largest palm producer, by the end of March fell to 3.42 million tonnes due to lower monthly output, down from 4.08 million tonnes a month earlier, the Indonesia Palm Oil Association (GAPKI) said on Friday.
Oil prices rose on Friday as more countries began easing lockdowns set in place to stop the coronavirus spreading, giving hope that demand for fuels will pick up after the economic devastation caused by the pandemic.
EURO VEG OILS
Palm oil closed the week with gains on the European vegetable oils market, supported by lower Malaysian production outlooks and lower stockpiles in Indonesia.
Asking prices for palm oil were between $2.5 and $20 per tonne up from Thursday tracking gains in Malaysian palm oil futures, up 38 and 81 ringgit from Wednesday, due to a decreased Malaysian palm oil production outlooks and lower palm oil stockpiles in Indonesia. The Malaysian Palm Oil Council (MPOC) expects Malaysian palm oil production to be 1% lower than the previous year. Indonesia Palm Oil Association (GAPKI) reported today that Indonesian stockpile of palm oil fell by roughly 0.66 million tonnes between March and April. Gains in prices were limited by a stronger ringgit, which makes palm oil more expensive for holders of foreign currencies.
At 1600 GMT, CBOT soyoil futures were between 0.31 and 0.41 cents per lb up following higher soybean futures who were up on increased demand because China declared to fulfill its buying obligations under the Phase 1 trade pact.
EU rapeoil was quoted mostly between unchanged and eight euros per tonne down tracking losses in rapeseed futures.
Lauric oils were mostly offered mainly between $10 and $40 per tonne up from Thursday. The spread between coconut oil and the cheaper palmkernel oil was $200 per tonne for July/August shipment.
SOYBEAN
U.S. soybean futures rose on Friday as renewed export buying by China and short covering before an upcoming supply and demand report offered support to prices, traders said.
 CBOT most actively traded July soybean futures settled 6-1/4 cents higher at $8.50-1/2 a bushel. The contract topped out at $8.56-1/2, its highest since April 23.
 For the week, the contract rose 1 cent, or 0.1%.
CBOT July soymeal ended unchanged at $288.10 per short ton and CBOT July soyoil  settled up 0.42 cent to end at 26.26 cents per pound.
Ahead of Tuesday’s monthly supply/demand report from the U.S. Department of Agriculture, analysts surveyed by Reuters expect the government to slightly raise its forecast of U.S. old-crop (2019/20) soybean ending stocks to 488 million bushels, from 480 million last month.
Analysts on average expected new-crop (2020/21) U.S. soybean ending stocks to fall to 430 million bushels, with estimates ranging from 299 million to 635 million.
After a week of tense jockeying between Washington and Beijing over the origins and handling of the novel coronavirus pandemic, top U.S. and Chinese trade representatives discussed the Phase 1 trade deal Thursday evening, with China saying it would work to meet commitments on purchases, including agricultural goods like corn and soybeans.
Frosty temperatures expected in the U.S. Midwest on Saturday could threaten newly planted soybean crops, according to meteorologists.
FISH OIL
PERU – The quota for the coming season in the North/Central area announced today at 2,413 mill mt with opening date 13th May and to last until the quota is completed or Imarpe recommends stopping it.  the other side, with the corona protocols in force giving an estimated capacity reduction of around 25% and that the month of July is usually challenging from a weather perspective, leading producers believe that a more realistic catch number will be closer to 1,5 mill mt. As previously advised, the quota expectations ahead of the announcement were 1,5-2,0 mill mt (with most leaning more towards 2,0 mill). No market activity this week, waiting the quota declaration. 
First of all, there are pre-sales agreed back in December 2019 to be honoured, thus reducing the actual new crop available for sale.
BGEAY