Site © 2003 DAUDRUY Van CAUWENBERGHE & fils	week19   Week 19 Market Report CBT Soya Oil (1st position) close 04/05 5357, close 11/05 5190, change -167 BMD CPO (3rd position) close 04/05 3358, close 11/05 3275, change -83 NYMEX close 04/05 98.57, close 11/05 96.60, change -1.97 Brent close 04/05 113.48, close 11/05 112.51, change -0.97 $/€ close 04/05 1.3095, close 11/05 1.2950, change -0.0145 RBD Olein FOB Mal JAS close 04/05 1135, close 11/05 1110, change -25 CPO CIF R ‘dam JAS position close 04/05 1140, close 11/05 1105 , change -35 Coconut Oil Cif R’dam JJ close 04/05 1260, close 11/05 1165, change -95 SouthAm Soy Oil Fob JA position close 04/05 1190, close 11/05 1167.50, change -22.50 EU Rape Oil ASO position close 04/05 985, close 11/05 975, change -10 EU Soya Oil ASO position close 04/05 970, close 11/05 975, change +5 EU Sun Oil JAS position close 04/05 1315, close 11/05 1290, change -25 (All levels are approximations & based on our best market knowledge) Comments/Pointers The European Political and Economic situation took centre stage again this week, with the people of France and Greece voting in new Presidents which is seen as a reaction to austerity measures put in place earlier in the year. How you can un-sign these agreements is a little bit of a mystery but anything is possible these days. For sure with concerns for all EU Economies and possible down-turns in the Chinese situation had a significant negative reaction in the Petroleum markets with Crude losing again this week (although there was a good upward correction today) and the Agri markets could not withstand the pressure put on prices. Everything looked very negative today and is possibly giving us a clear indication that prices are eventually correcting downwards. Others . Fish Oil – Peru $1750 Cif EU, Norwegian Salmon Oil $1650 Cif Eu Animal Fat – €725 - €830 depending on grade. Glycerine – €180 ex works to €290