Market report week 24

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24/04/2020 01/05/2020 08/05/2020 15/05/2020 22/05/2020 29./05/2020 05/06/2020 12/06/2020
EUROS/USD 1,0856 1,094 1,0844 1,082 1,0877 1,1144 1,129 1,1246
Brent close 20,67 18,26 30,68 33,77 35,28 37,77 42,53 37,32
NYMEX 15,1 18,73 24,54 31,02 33,62 35,44 39,7 34,43
BMD CPO 2121           Juin.2104 2028 2170 2276 2373     Aout.2326 2430
RBD Olein FOB 532,5 Juin.530 517,5 520 535 565 597,5 607,5
CPO CIF Rott 535 Juin552,5 517,5 515 537,5 550 580 575
PFAD USD/MT 625 617,5 600 600 597,5 610 630 625
c&f Rott spot
Coconut Oil Cif 810 805 Juillet.Aout.835 827,5 820 880 900 915
CBT  oil Soya Oil  USD  Spot 2505 2650 2623 2658 2699 2738 2814 2750
MATIF Rape seed 364,5 Juin.370,50 375,25 373,25 378,25 Nov.374,25 379,25 380,5
EU Rape oil 703 Juin .717 730 728 735 725 740 750
EU Soya Oil 615 Juin.Juillet.610 610 Juin.615 635 Juillet.635 660 755
EU Sun Oil  en USD 745 735 745 755 765 Juillet sept.785 795 800
Others
Fish Oils  en USD Anchovy Sardine .
human consumption FOB Peru nc nc nc nc nc nc 2800 2800
human consumption FOB Morocco nc nc nc nc nc 2800 2800 2800
Aqua fob Chili  18 EPA DHA 1900 1900 1900 1900 1950 1950 1950 1950
Aqua peru  FOB  24 /26 EPA DHA nc nc nc nc nc nc 2450 2450
Omega 3 Feed pet food FOB Peru nc nc nc nc 2500 2500 2550 2550
Omega 3 Feed pet food FOB Morocco 2350 2350 2350 2350 nc 2450 2550 2550
Salmon South America  C&F European Port 1100 1100 1100 1100 1100 1150  nc  nc
Salmon   European production 1150 1150 1150 1150 nc nc 1100 1100
Fish oils blend .Technical grade C&F European port 5% FFA 980 980 980 980 980 980 980 980
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 3 600 600 600 600 600 580 580 580
5% FFA
Crude Glycerine
Feed 375 425 500 500 500 500 NC NC
technical 300 300 325 325 325 280 210 210
PALM
Palm oil futures gained 0.98% last week, logging a fifth straight weekly gain, underpinned by expectations of robust demand from top buyers India and China.
Malaysia’s palm oil exports for June 1 to 15 spiked 82.7% from May, according to data from cargo surveyor Amspec Malaysia released during the midday break.
The surge is likely due to larger shipments to India, Pakistan and the European Union, Varqa said.
Beijing has recorded dozens of new cases in recent days, raising concerns about a resurgence of the disease that has hammered global financial markets.
Oil fell more than 2% on fears that renewed outbreaks of the virus could weigh on the recovery of fuel demand.
Weaker crude oil futures make palm a less attractive option for biodiesel feedstock.
EURO VEG OILS
Palm oil on the European vegetable oils market was offered mostly  firmer on Friday following gains in nearby Malaysian palm oil futures on the back of a weaker ringgit and expectations of increasing export demand in June.
Asking prices for palm oil were mostly between flat and $10 a tonne higher after Malaysian palm oil futures closed between 20 ringgit per tonne down and 32 ringgit up. A weaker ringgit makes palm oil cheaper for foreign buyers and could boost export demand.
 At  1630 GMT, CBOT soyoil futures were between 0.04 and 0.10 cents per lb lower on beneficial  crop weather in the U.S. Midwest.
EU rapeoil was quoted between five and nine euros per tonne up from Thursday on the back of improved demand and because of strength in both rapeseed futures and due to a stronger dollar, which underpins products quoted in euros.
 Lauric oils were offered between unchanged and $10 a tonne up, supported by the stronger tone in palm oil. The spread between coconut oil and the usually cheaper palmkernel oil was $220 a tonne for July/August shipment.
SOYBEAN
Chicago Board of Trade soybean futures advanced on Friday on increased demand from top importer China, traders said.
The U.S. Department of Agriculture confirmed private sales of 120,000 tonnes of new-crop U.S. soybeans to unknown destinations, a day after confirming sales of 720,000 tonnes to China.
« The United States is the most economical choice for soybeans in the global market which is compensating for the political difference between the U.S. and China, » said Karl Setzer, commodity risk analyst for AgriVisor.
The USDA on Thursday reported that weekly U.S. soybean export sales last week were the largest in at least 16 months, with the majority slated for shipment to China or undisclosed destinations widely believed to be China.
FISH OIL
Despite some temporary slow fishing periods due to poor weather and concern about the impacts of the coronavirus, fishing so far this season has been generally good and emerging some optimism now that they will be able to catch above 2 mill mt, on the other hand that the expected arrival of a cold Kelvin wave could disperse the fish making it more difficult to catch effectively.
The market has remained quiet with no additional business reported to aqua following the early season trades around $2450/2500 fob
BGEAY