Sunflower Oil Market Report – 26 November 2015

Posted November 26th, 2015 by Veg Oil Desk & filed under Sunflower Oil Market Report, Sunflower Oil Prices.

Bean oil complex closed higher as usual just before the thanks giving day and is expected to open higher too (if we see the history of CBOT). Even though palm is having high stocks but is following bean oil and is now up 55 points (over 2%). Ukraine sunflower oil sellers have not raised the prices of sunflower oil as its already at a premium and after they sell some volumes we can expect an increase in price. India after some good trades yesterday (around CIF 840) is quiet today against the offers of sellers at USD 855 AMJ.

Mkt Midday Closing:
DALIAN Jan/May
PO +88 4280 +122 4576
BO +100 +126
SB +10 +32

CBOT
Closed for Thanksgiving Holiday

ENERGY
Crude Jan +0.22 43.26
Gasoil Jan +3.75 436.75
Brent Jan +0.07 46.24
POGO Apr 114.00
palm oil BMD (3rd month) Feb +30 2328
Hi 2335 Lo 2315
Vol 21,096 lots

MSIAN OLN
Dec 537.5 v
Jan 562.5 v
JFM 572.5 v 567.5
FM 587.5 v
AMJ 597.5 v 595
JAS 595 v 590
INDON CPO
Dec 500 v 495n
Jan 520 v

LOCAL MSIA CPO
Dec 2120 (DLVD)
LOCAL MSIA STEARIN (ASSESSED)
Dec 475 (DLVD)
LOCAL MSIA PFAD (ASSESSED)
Dec 385 (DLVD)

6 ports Europe JFM + AMJ bid 840
JAS bid 850
With no offers

Traders attending grofers dinner today nothing much is expected to happen today

Black Sea sunflower oil Dec 815 vs 805, Jan 805 vs 800, FM 800 vs 790, AMJ 795 vs 785
Russian sunflower oil indicated at USD 800 for Jan
Spain offered at USD 853 vs —
Italy offered at USD 850 vs —
India indicated at Jan 865 , FM 860 vs —, AMJ 855 vs —
Turkey not quoted so far
Currency Euro 1.0609, INR 66.58, UAH 23.7496, Rub 65.57