Friday, April 24, 2009

Palm Oil : Latest News

CBOT Soy Review: Up On Outside Markets, Fundamentals Support

Soybean futures on the Chicago Board of Trade ended higher Friday, finding support from outside markets and underlying demand fundamentals.
MARKET TALK: CBOT Soy Pdts Finish Up; Climb With Beans

CBOT soy product futures ended higher Friday, climbing in unison with advances in soybeans.
MARKET TALK: CBOT Soy Ends Higher On Fundamental Strength

CBOT soybean futures ended higher, finding support from outside markets and underlying demand fundamentals.
MARKET TALK: Brazil's Soy Trade Slows On Unfavorable Forex

Brazil's soybeans trade has tapered off Friday due to unfavorable forex conditions, says a trader at a major U.S. exporter.
MARKET TALK: CBOT Soy Sustains Strength As Outsides Buoy

CBOT soy futures sustain strength, supported by outside markets and bullish fundamentals.
MARKET TALK: CBOT Soy Hold Firm; Fundamentals, Outsides

CBOT soybean futures are holding firm, finding stability after a choppy start. Overall activity is subdued, but futures remain underpinned by bullish demand fundamentals, and supportive outside market influences, analysts say.
European Veg Oil PM Soft Oil Prices - Apr 24 at 1745 local time

Lowest known offers at 1745 local time in U.S. dollars a metric ton, bulk, with changes on the day unless otherwise stated as quoted by European traders:
MARKET TALK: CBOT Soy Turns Higher After Choppy Start

CBOT soybean futures are posting modest gains after a choppy start that saw prices test both sides of unchanged levels.
US Cash Grain Outlook: Corn, Wheat Prices Hit 1- To 2-Week Highs

Climbing corn and wheat prices had reached one- to two-week highs on the U.S. cash market Friday, bolstered by slack farmer selling, improved export sales, and growing concern about spring planting delays that threaten to extend into May.

CBOT Soy Outlook: Down 1-3c; Consolidating Into Weekend

Chicago Board of Trade soybean futures are expected to start Friday's day session with modest declines as the market consolidates heading into the weekend.
MARKET TALK: Canadian Soybean Area To Rise In 2009, Canola Dn

Oilseed data from Statistics Canada was mixed, with soybean acreage seen increasing but canola area seen falling.
USDA Says 120,000 Tons Of Soybeans Sold To Unknown In 09-10

The U.S. Department of Agriculture on Friday announced private export sales of 120,000 metric tons of soybeans for delivery to unknown destinations in the 2009-10 marketing year.

Brazil Soy Export Premiums And Discounts - Apr 23

Premiums and discounts for soybeans at Paranagua port, Brazil, against Chicago Board of Trade quotes.
Argentina Port Trade-Weighted Grain, Oilseed FOB - Apr 23

Free-on-board prices in U.S. dollars per metric ton.
MARKET TALK: CBOT Grain, Soy Consolidate Overnight

CBOT grain and soybean futures were steady to lower in overnight action.
India Soyoil Prices Fall On Expectations Of Higher Imports

Indian soyoil prices fell during the week ended Friday on expectations of higher imports, but palm oil prices moved up tracking firm overseas markets, traders said.
MARKET TALK: India Soybean Futures Down 1.3% On Profit-Taking

India May soybean contract provisionally ends down 1.3% at INR2,765/100 kg, falling from INR2,800 intraday high on profit-booking, high arrivals in local markets.
European Veg Oil AM Soft Oil Prices - Apr 24 at 1315 local time

Lowest known offers at 1315 local time in U.S. dollars a metric ton, bulk, with changes on the day unless otherwise stated as quoted by European traders:
Technical Analysis: US Soy Complex Futures - Apr 24

July soybeans on Thursday closed lower, nearer the session low and scored a bearish "outside day" down on the daily bar chart.
China Soybean Imports In Both Apr,May To Top 3M Tons - Ministry

China will likely import 3.83 million metric tons of soybeans in April and 3.18 million tons in May, according to an initial government estimate issued today.
China Soybean Futures Settle Down; Govt Warns Of High Imports

Soybean futures traded on China's Dalian Commodity Exchange settled lower Friday, following an alert issued by the government on excessive imports.
MARKET TALK: India Soybean Futures Likely Down On Overseas Cues

India May NCDEX soybean contract likely to open down, tracking weak overseas markets and on some profit-taking, says Angel Commodities analyst Badruddin Khan.



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