Ukraine Sunseed crop decline affected September crushing volume.
Ram Gopal Yadav (8 years ago)

The start of a new season features growth of sunseed processing. So, sunoil production by large and medium-sized crushers totaled 345.7 KMT in September 2017, or twice as much as in the previous month (171.6 KMT). However, a sunseed crop decline in the current 2017/18 season prevented sunoil producers from surpassing the September 2016 record (399.8 KMT): the product’s output fell by 13.5% against MY 2016/17.

Malaysia CPO ends tad up on weak ringgit vs dollar.
Ram Gopal Yadav (8 years ago)

Futures contracts of crude palm oil ended marginally higher on the Bursa Malaysia Derivatives today due to a weak ringgit against the dollar. A weak Malaysian currency makes crude palm oil attractive for overseas buyers. The most-active January contract of crude palm oil on the Malaysian bourse ended at 2,817 ringgits (43,173.49 rupees) per tn, up 0.1% from the previous close.

Ukraine palm oil imports doubled in September.
Ram Gopal Yadav (8 years ago)

Palm oil imports to Ukraine totaled 33.9 KMT in September 2016/17. This is 14.2% less than in the previous month (39.5 KMT), but a record high for September. So, imports almost doubled against September 2016 (17.9 KMT).

NCDEX coriander up 1% as stocks fall in warehouses.
Ram Gopal Yadav (8 years ago)

Futures contracts of coriander rose nearly 1% on NCDEX due to a decline in inventory of the spice in exchange-accredited warehouses. The most-active November contract was up 0.7% from the previous close. In the NCDEX-monitored warehouses, stocks of coriander stood at 7,935 tonne down from 8,463 tonne previous day. Further, concerns over a fall in area under the spice in the upcoming sowing season also supported prices. Current low prices and likely low soil moisture content due to poor rainfall in Gujarat, Rajasthan and Madhya Pradesh in the past few weeks are seen leading to lower sowing of coriander this year.

India Soybean ends over 1% down on supply pressure; CPO up.
Ram Gopal Yadav (8 years ago)

Futures contracts of the components of edible oil basket, barring crude palm oil, fell on domestic exchanges due to lacklustre demand in spot markets. Favourable weather for soybean harvest in Madhya Pradesh and Maharashtra, the top growers, weighed on sentiments.