The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
FUNDAMENTALS
* Malaysian palm oil futures ended lower on Thursday on the prospect of another month of strong
crude palm production in the world's second-largest grower, although hopes for firm export demand provided some support.
* U.S. soybean futures snapped two sessions of declines and climbed to the highest in 2-1/2
weeks on concerns that labor strikes in South America could limit supplies to ports during the
peak export season in Brazil and Argentina.
* Crude oil prices settled up 3 percent on Thursday, hitting 2015 highs, while U.S. gasoline
reached 5-month peaks after Saudi Arabia and its allies maintained a bombing blitz in Yemen that
heightened concerns about the security of Middle East oil supplies.
MARKET NEWS
* U.S. stocks rose on Thursday, with the Nasdaq index hitting a record closing high, as
corporate earnings and a rise in energy shares overshadowed soft U.S. economic data, while oil
prices climbed to the highest levels of the year.
RELATED
> Chinese farmers to grow up to 15 pct less soy in 2015/16 -analysts
> Brazil farm belt roads blocked in new trucker strike
> Canada farmers planting more wheat, less canola in 2015
> Russia, Argentina sign energy framework deals
> Minnesota declares state of emergency over bird flu in poultry
> Canada to impose new speed limit for dangerous goods trains
> Argentina increases 2014/15 soy crop forecast to 59 mln tonnes
DATA/EVENTS
> Cargo surveyors Intertek Testing Services to release data on Malaysia's April 1-25 palm oil
exports on April 25. Societe Generale de Surveillance to release data for the same period on
April 27.
Palm, soy and crude oil prices at 0027 GMT
Contract Month Last Change Low High Volume
MY PALM OIL MAY5 0 +0.00 0 0 0
MY PALM OIL JUN5 0 +0.00 0 0 0
MY PALM OIL JUL5 0 +0.00 0 0 0
CHINA PALM OLEIN SEP5 4920 +22.00 4866 4928 490108
CHINA SOYOIL SEP5 5730 +60.00 5678 5742 529426
CBOT SOY OIL JUL5 32.34 +3.20 32.22 32.38 615
INDIA PALM OIL APR5 442.80 +3.20 437.20 443.90 1271
INDIA SOYOIL JUN5 594.00 +9.40 583.80 594.60 69945
NYMEX CRUDE JUN5 57.50 -0.24 57.40 57.64 2034
Palm oil prices in Malaysian ringgit per tonne
CBOT soy oil in U.S. cents per pound
Dalian soy oil and RBD palm olein in Chinese yuan per tonne
India soy oil in Indian rupee per 10 kg
Crude in U.S. dollars per barrel
Регион | Закуп. | Изм. | Прод. | Изм. |
---|---|---|---|---|
ЦФО |
29150.00 | + 700 | 29160.00 | + 660 |
ПФО |
27950.00 | + 300 | 28050.00 | + 50 |
СКФО |
28700.00 | + 500 | 28950.00 | - 50 |
ЮФО |
28150.00 | - 200 | 28950.00 | - 50 |
СФО |
28400.00 | - 100 | 28300.00 | - 200 |
Регион | Закуп. | Изм. | Прод. | Изм. |
---|---|---|---|---|
ЦФО |
71000.00 | + 850 | 73250.00 | + 1380 |
ЮФО |
69800.00 | + 200 | 74000.00 | + 3500 |
ПФО |
71000.00 | + 1450 | 73000.00 | + 2950 |
СФО |
72000.00 | + 1800 | 75000.00 | + 4500 |
Обсуждение