Market report week 47

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24/09/2021 08/10/2021 15/10/2021 31/10/2021 05/11/2021 12/11/2021 19/11/2021 26/11/2021
EUROS/USD 1,1722 1,1586 1,1579 1,1559 1,1557 1,1455 1,1268 1,1269 ⬆️
Brent close 79,06 83,47 85,59 83,51 83,62 81,50 78,58 75,66 ⬇️
NYMEX 74,93 80,68 83,29 83,15 82,18 80,17 75,77 71,44 ⬇️
BMD CPO Oct.4665 5152 Nov.5099 Dec 5227 5108 5187 5437 5269 ⬇️
RBD Olein FOB 1197,5 1310 Nov.1305 1375 1355 1360 Dec.1350 1325 ⬇️
CPO CIF Rott 1270 1360 Nov.1347,5 1400 1360 1375 Dec.1345 1317,5 ⬇️
PFAD USD/MT  C&F Rott spot 1145 1260 1270 1315 1290 1300 1325 1305 ⬇️
PFAD USD/MT  FOB MALAISIE 1035 1150 1165 1235 1200 1205 1235 1210 ⬇️
Coconut Oil Cif  Rott 1600 1705 Janv.Fev  1860 2000 1880 1890 2000 1810 ⬇️
CBT  oil Soya Oil  USD  Spot 5797 6133 6129 6127 5867 5807 5816 5957 ⬆️
MATIF Rape seed 611 660 663,75 Mai02  .661,5 664 698,5 652 648,5 ⬇️
EU Rape oil 1335 1505 NovJanv22 1505 Dec Janv. 1535 Fev.Avril 1500 1535 1465 1460 ⬇️
EU Soya Oil 1285 Oct .1285 Nov 1295 1295 1270 1290 Dec .1285 1310 ⬆️
EU Sun Oil  en USD 1350 1460 Nov.Dec 1450 Dec 1450 1450 1450 Janv Mars .22 .1440 1455 ⬆️
Others
Fish Oils  en USD Anchovy Sardine .
human consumption FOB Peru 2700 2700 2700 2700 2700 2700 NC NC
human consumption FOB Morocco NC 2800 2800 2800 2800 2800 NC NC
Aqua  feed fob Chili NC NC NC NC NC NC NC NC
Aqua feed peru  FOB NC NC NC NC NC NC NC NC
Omega 3  pet food FOB Peru EPA DHA 27 et + 2500 2550 2550 2550 2550 2550 NC NC
Omega 3  pet food FOB Morocco EPA DHA 27et + NC NC NC NC NC NC NC NC
Salmon   European production 1400 1400 1400 1400 1400 1400 1500 1500
Fish oils blend .Technical grade C&F European port 5% FFA 1100 1100 1100 1100 1100 1100 1200 1250 ⬆️
Mixed vegetable acid oils
45 lino EUROS/MT C&F European port 980 980 980 980 980 980 1020 1020
European production 970 970 970 970 970 970 1000 1000
Animal Fat ex France  cat 3 1100 1150 1150 1150 1150 1200 1200 1200
5% FFA
Crude Glycerine
Feed
technical 600 650 700 700 725 725 725 745
EURO VEG OILS
Most products on European vegetable oils market were substantially lower on Friday following steep losses in other commodities on worries over the spreading of a South African variety of the corona virus.
“It was serious Black Friday, but there were few buyers willing to step in, uncertain how far prices will go down in the coming days,” one broker said.
Asking prices for palm oil were between $12.50 and $35 a tonne lower after Malaysian palm oil futures closed between 48 and 77 ringgit per tonne down following a steep fall in energy market.
At 1800 GMT, CBOT soyoil futures were between 1.08 and 1.72 cents per pound lower following collapsing energy prices.
EU rapeoil was mostly offered between 30 and 70 euros per tonne lower, tracking other commodities and pressured by a weaker dollar.
Lauric oils were mostly offered between $20 and $50 a tonne lower, but asking prices were hardly tested as buyers were substantially below asking levels. Coconut oil was at par with the usually cheaper palmkernel oil on all positions between February/March and July/August shipments.
PALM
New measures against Omicron variant may spark volatility
KUALA LUMPUR, Nov 29 (Reuters) – Malaysian palm oil futures rose on Monday, as rival edible oils and global markets rebounded from a tumble stoked by worries of the new Omicron coronavirus variant last week.
The benchmark palm oil contract for February delivery on the Bursa Malaysia Derivatives Exchange gained 57 ringgit, or 1.18%, to 4,906 ringgit ($1,157.89) a tonne by the midday break.
« After a slump in broader markets on Friday, commodities and other instruments are trying to stabilise and waiting for the assessment of actual risk to the demand and other aspects due to the spread of the new variant, » said Anilkumar Bagani, research head of Mumbai-based vegetable oils broker Sunvin Group.
The Omicron variant has spread around the world, prompting Japan to close its borders to all foreigners and Australia to review plans to re-open to skilled migrants, even as more countries imposed travel restrictions to rein in the spread of the coronavirus.
Additional measures could cause more volatility in financial and commodity instruments going forward, Bagani added.
Oil prices rose as investors looked for bargains amid speculation that OPEC+ may pause an output increase in response to Omicron’s spread, making palm a more attractive option for biodiesel feedstock.
Palm oil is affected by price movements in related oils as they compete for a share in the global vegetable oils market.
Deep negative import margins and palm oil’s narrow spread over competing edible oils have evaporated fresh buying in destination markets, Bagani said, adding, it could hurt optimism for Malaysia’s exports in December if this persists.
SOYBEAN
Chicago Board of Trade soybean futures ended lower on Friday, pressured by broad-based selling in commodities over concerns about a new variant of the coronavirus, traders said.
The most-active contract hit its lowest price since Nov. 15.
Total weekly U.S. soybean export sales of 1.57 million tonnes were within analysts’ estimates. CBOT January soyoil ended down 1.82 cent at 58.88 cents per lb. January soymeal closed $1.50 lower at $349.40 per ton.
FISH OILS
Fish oils watching the developments after the start of the new Peruvian season with disappointing oil yields/low oil production setting a firmer undertone.
PERU – The catch in the North/Central last week (after the start of exploratory fishing last Monday 15 November) came in at 444.900 mt (172.900 mt same week last year), giving a total this year of 3.607.200 mt (2.495.600 mt). Oil yields have been disappointing so far, especially in the Chicama/Chimbote range with only around 1% on average but somewhat higher in the Central ports/Pisco range with around 3,0% on average. Average for the coast estimated at around 1,9% giving an oil production of only around 8600 mt. 
Chimbote/Chicama represented around 55% of landings, the Central Ports about 30% and the balance of about 15% was landed in Pisco/Tambo de Mora. The Chicama/Chimbote range reported a very low number of juveniles (i.e. consistently below the legal limit of 10%), while all other ports, especially in the Callao/Pisco range, have had days with landings with over 10% juveniles (in some cases over 40% incidence).
Then the regular season opened this Monday 22 November but only for the area between Callao and the extreme North (the area Callao/Pisco would only be opened depending on the results of the exploratory fishing and keeping in mind the above-mentioned exploratory landings with high incidence of juveniles, this area will now be closed until conditions improve).
Landings so far this week estimated at around 168.000 mt (Monday-Wednesday), taking the season total in the North/Central area to around 606.000 mt against the 2,047 mill mt quota.
Omega-3 profiles have been good so far, mostly 30% EPA/DHA and higher, with 23%- 25% EPA in Callao/Pisco and 17/12 or so in Chicama/Chimbote.
25% EPA in Callao/Pisco and 17/12 or so in Chicama/Chimbote.
Producers have remained mostly inactive; they prefer in the first round to see developments and analyze the profiles with a view to omega-3 sales while reported some buying interest $2500 fob for aqua grade without any takers so far.
CHILE – Have continued with modest production in the North (keeping in mind oil yields reported below 1%), reduced fishing in the south with the introduction of some fishing bans, and limited availability. 
BGEAY