Market report week 26

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01/05/2020 08/05/2020 15/05/2020 22/05/2020 29./05/2020 05/06/2020 12/06/2020 19/06/2020 26/06/2020
EUROS/USD 1,094 1,0844 1,082 1,0877 1,1144 1,129 1,1246 1,1198 1,1264
Brent close 18,26 30,68 33,77 35,28 37,77 42,53 37,32 42,15 40,24
NYMEX 18,73 24,54 31,02 33,62 35,44 39,7 34,43 39,59 37,72
BMD CPO           Juin.2104 2028 2170 2276 2373     Aout.2326 2430 2502 2427
RBD Olein FOB Juin.530 517,5 520 535 565 597,5 607,5 Juillet.637,5 615
CPO CIF Rott Juin552,5 517,5 515 537,5 550 580 575 Juillet.580 582,5
PFAD USD/MT 617,5 600 600 597,5 610 630 625 655 620
c&f Rott spot
Coconut Oil Cif 805 Juillet.Aout.835 827,5 820 880 900 915 920 910
CBT  oil Soya Oil  USD  Spot 2650 2623 2658 2699 2738 2814 2750 2852 2720
MATIF Rape seed Juin.370,50 375,25 373,25 378,25 Nov.374,25 379,25 380,5 382,75 376,75
EU Rape oil Juin .717 730 728 735 725 740 750 Juillet.770 750
EU Soya Oil Juin.Juillet.610 610 Juin.615 635 Juillet.635 660 755 660 675
EU Sun Oil  en USD 735 745 755 765 Juillet sept.785 795 800 790 800
Others
Fish Oils  en USD Anchovy Sardine .
human consumption FOB Peru nc nc nc nc nc 2800 2800 2800 2800
human consumption FOB Morocco nc nc nc nc 2800 2800 2800 2900 2900
Aqua fob Chili  18 EPA DHA 1900 1900 1900 1950 1950 1950 1950 NC NC
Aqua peru  FOB  24 /26 EPA DHA nc nc nc nc nc 2450 2450 2450 NC
Omega 3 Feed pet food FOB Peru nc nc nc 2500 2500 2550 2550 2550 2500
Omega 3 Feed pet food FOB Morocco 2350 2350 2350 nc 2450 2550 2550 2700 2650
Salmon South America  C&F European Port 1100 1100 1100 1100 1150  nc  nc  nc NC
Salmon   European production 1150 1150 1150 nc nc 1100 1100 1050 1050
Fish oils blend .Technical grade C&F European port 5% FFA 980 980 980 980 980 980 980 980 980
Mixed vegetable acid oils
45 lino EUROS/MT C&F European port 600 600 600 600 600 600 600 600 600
European production 580 580 580 580 580 580 580 580 580
Animal Fat ex France  cat 3 600 600 600 600 580 580 580 580 580
5% FFA
Crude Glycerine
Feed 425 500 500 500 500 NC NC NC NC
technical 300 325 325 325 280 210 210 210 210
PALM
Malaysian palm oil futures fell for a fourth consecutive session on Monday, as cheaper rival oils and a stronger ringgit made the edible oil less attractive to foreign buyers.
« It’s tracking a weak external market, » a Kuala Lumpur-based trader told Reuters, adding that fears of a second wave of the COVID-19 pandemic has curbed demand across all edible oil markets.
Dalian’s most-active soyoil contract fell 2.5% and its palm oil contract fell 3.5%. Soyoil prices on the Chicago Board of Trade last dropped 0.5%.
Palm oil is affected by price movements in related oils as they compete for a share in the global vegetable oils market.
Also weighing on the market, the ringgit firmed 0.1%, making Malaysian palm oil less attractive for holders of foreign currencies.
Palm oil may test a support at 2,339 ringgit per tonne, a break below which could cause a fall to 2,283 ringgit, Reuters analyst Wang Tao said.
Indonesia’s state oil company PT Pertamina announced on Monday that it will start producing 3,000 barrels per day of « green » diesel made from 100% palm oil starting in June next year.
But the production was too small and timeline too far ahead to affect prices, the Kuala Lumpur-based trader said.
EURO VEG OILS
Palm oil on the European vegetable oils market eased on Friday,  following weaker Malaysian palm oil futures and because of a softer tone in energy markets.
Asking prices for palm oil were mostly between $5 and $17.50 a tonne lower after Malaysian palm oil futures closed between 16 and 38 ringgit per tonne down on the back of forecasts for higher production versus concerns that a possible second coronavirus wave could reduce demand.
 At  1630 GMT, CBOT soyoil futures were between 0.30 and 0.34 cents per lb down,  tracking weakness in Chicago soybeans because of favorable crop weather in the  U.S. Midwest and due to weaker energy prices.
EU rapeoil was quoted between 10 and 12 euros per tonne down from Thursday, tracking both easier Chicago soyoil and energy markets. A dip in rapeseed futures, on a brighter global oilseed supply outlook, also weighed.
Coconut oil was quoted barely changed from the day before, while palmkernel oil was offered between $5 and $40 per tonne lower as sellers tried to find buyers, but in vain. The spread between coconut oil and the usually cheaper palmkernel oil was $235 a tonne for July/August shipment.
SOYBEAN
Chicago Board of Trade (CBOT) soybean futures fell for a fifth straight day on Friday on good U.S. Midwest rains and economic concerns as coronavirus infections continued to surge, traders said.
Soybeans were down 1.3% on the week, the first weekly drop in five weeks.
Rising coronavirus cases stoked worries of new lockdowns and economic damage, which weighed down equities and most commodities.
A wetter forecast for the U.S. Midwest weighed on the market and some analysts expect crop conditions to improve. The U.S. Department of Agriculture (USDA) will be updating weekly crop conditions on Monday.
FISH OIL
peru
The epa/dha levels have remained mostly between 28% and 29%, with only smaller volumes above that figure.
With some decrease in landings the beginning this week due to erratic weather conditions, landings on Wednesday came in at a season best of around 61.000 mt, giving a total so far this week (Monday-Wednesday) of 143.751 mt, taking the total this year to 1.598.426 mt against the 2,413 mill mt quota. They now believe that a significant part of the quota will be completed, at least 2,2 mill mt or around 90%, depending on the developments in weather and sea conditions the remaining part of the season (fishing typically tapers somewhat off into the month of July due to the arrival of winter).
Market has remained generally rather quiet
BGEAY