Analyst Palm Oil
Latest Commodities News, Latest palm oil news, Malaysian palm oil Report Export

Archive for June 8th, 2009

OIL FUTURES: Crude Steady, Caught Between Dollar, Profit-Taking

Monday, June 8th, 2009

Crude oil futures held steady around $68 a barrel Monday, caught between the temptation to take profits as they recede from Friday's year high and a volatile dollar. »

Tags:
Posted in Crude Oil | Comments Off

Brazilian Soybean Crop 69% Sold As Of June 5 – Celeres

Monday, June 8th, 2009

SAO PAULO (Dow Jones)–Brazil’s soy farmers have sold 69% of their soybean crop as of June 5, according to agricultural consultancy Celeres on Monday. Celeres said sales figures as of June 5 were up from 67% on May 29 and slightly below the five-year average of 70%. Domestic sales advanced gradually during a... »

Tags: , ,
Posted in Soybean | Comments Off

European Veg Oil Palm & Lauric Oil Prices – Jun 8

Monday, June 8th, 2009

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: »

Tags: , , , , ,
Posted in Prices | Comments Off

European Veg Oil AM Soft Oil Prices – Jun 8

Monday, June 8th, 2009

HAMBURG (Dow Jones)–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: Soyoil, Dutch origin Rapeseed oil, Dutch origin 0.75% FFA, FOB mill ... »

Tags: , , , ,
Posted in Prices | Comments Off

US OIL INVENTORIES SURVEY: Oil Inventory Draw Seen

Monday, June 8th, 2009

NEW YORK (Dow Jones)–U.S. crude oil inventories are seen falling in data due Wednesday from the Department of Energy, according to a Dow Jones Newswires survey of analysts. The data, put out by the department’s Energy Information Administration unit and covering the week ended June 5, are due to be released at 10:30 a.m.... »

Tags:
Posted in Crude Oil | Comments Off

US Grain, Soybean Export Inspections Estimates- June 8

Monday, June 8th, 2009

Estimates for the week ended Thursday, June 4, in million bushels. The U.S. Department of Agriculture report is scheduled for release at 11 a.m. EDT (1500 GMT) Monday. Actuals are subject to revision by the USDA. »

Tags:
Posted in Report Export | Comments Off

ICE Canola Lower Following Outside Markets

Monday, June 8th, 2009

WINNIPEG (Dow Jones)–Canola contracts traded on ICE Futures Canada were lower in overnight activity, as losses in the outside equity and commodity markets spilled over to weigh on the futures. Malaysian palm oil, European rapeseed, and e-CBOT soybeans were all lower in overnight activity, accounting for some of the weakness in the canola... »

Tags: ,
Posted in Canola | Comments Off

US Cash Grain Outlook: Winter Wheat Harvest Gaining Speed

Monday, June 8th, 2009

The US winter wheat harvest is gathering momentum, with fields already picked as far north as Arkansas, North Carolna and Oklahoma. Although the USDA said just 11% of the crop in Texas - normally the first »

Tags: , , ,
Posted in Grain | Comments Off

CBOT Corn Outlook: Lower On Dollar, Follow-Through Selling

Monday, June 8th, 2009

The market is set up for a modest correction following recent gains and pressure from outside markets, including the dollar, analysts said. Prices dipped Friday, and follow-through selling helped push the market lower overnight, a trader said. »

Tags: , ,
Posted in Corn | Comments Off

CBOT Soy Outlook: Down 5c-10c On Outside Market Influences

Monday, June 8th, 2009

CHICAGO (Dow Jones)–Soybean futures on the Chicago Board of Trade are expected to start Monday’s day session lower, pressured by the bearish influence of outside financial markets. CBOT soybean futures are seen opening 5 cents to 10 cents lower, with soy product futures following overnight price action. The market is set to... »

Tags: , ,
Posted in Soybean | Comments Off

Oil Slumps As Dollar Rebounds

Monday, June 8th, 2009

Crude prices have experienced a strong inverse correlation to recent moves in the greenback, with a stronger dollar tending to reduce investor demand for commodities as a currency hedge. The dollar climbed to a seven-day high against the euro Monday and its fortunes are expected to be key in determining crude's path this week,... »

Tags:
Posted in Crude Oil | Comments Off

MARKET TALK: Spec Funds Cut Short Position In CBOT Wheat

Monday, June 8th, 2009

Non-commercial speculative funds trimmed their net short position to 6,793 contracts as of June 2, the CFTC says in a supplemental report. That is down from being net short 14,700 contracts as of May 26. At the »

Tags:
Posted in wheat | Comments Off

Brazil To Propose New Tax On Newfound Offshore Oil -Report

Monday, June 8th, 2009

RIO DE JANEIRO (Dow Jones)–The Brazilian government will propose an additional tax on crude oil produced from the country’s newfound offshore deposits, the O Estado de S. Paulo newspaper reported Monday. The tax will be part of a new regulatory regime proposed by a government panel studying possible changes to Brazil’s oil laws,... »

Tags: ,
Posted in Crude Oil | Comments Off

Brazil’s IBGE Puts 2008-09 Soy Crop At 57.2 Metric Tons

Monday, June 8th, 2009

The IBGE's estimate is line with the government soy crop estimate also put out Monday by the National Commodities Supply Corp., or Conab, of 57.1 million tons. »

Tags:
Posted in Soybean | Comments Off

MARKET TALK: Index Funds Add Length In CBOT Soybeans

Monday, June 8th, 2009

0852 EDT – Index funds increased their net long positions in CBOT soybean futures and options. The combined number climbed to 130,904 contracts from 129,455 the prior week, according to the CFTC in its supplemental commitments of traders report released Friday. Large speculative traders now hold 88,884 net long positions in CBOT soybean futures and options... »

Tags:
Posted in Soybean | Comments Off

MARKET TALK: CBOT Grains, Soybeans Slip In Overnight Trade

Monday, June 8th, 2009

0826 EDT – CBOT grain and soybean futures were mostly lower overnight. Analysts say that outside markets weighed, as the dollar was higher, crude was lower and equities futures slipped. A trader said there was follow-through selling from action late last week. But he added that “the weather’s still not that great,” which could be supportive. ... »

Tags:
Posted in Soybean | Comments Off

Brazil’s 08-09 Corn Seen 15% Down On Year At 49.9M Tons -Conab

Monday, June 8th, 2009

SAO PAULO (Dow Jones)–Brazil should produce 49.9 million metric tons of corn in 2008-09, the National Commodities Supply Corp., or Conab, said Monday. Total production is seen falling 15% from the 2007-08 season and slightly below Conab’s May estimate of 51.4 million tons for 2008-09. Brazil, which has two corn... »

Tags:
Posted in Corn | Comments Off

German Grain Cash Prices – Jun 8

Monday, June 8th, 2009

Lowest known offers at 1315 local time in euros a metric ton as quoted by European traders, delivered. »

Tags: , , ,
Posted in Prices | Comments Off

Brazil New Soy Seen 4.8% Lower At 57.1M Tons On Year-Conab

Monday, June 8th, 2009

The harvesting has finished in Brazil's main soy areas. Mato Grosso state, Brazil's No.1 soy producer, produced 17.9 million tons of soy in 2008-09, while Parana, the No.2 soy producer, harvested 9.5 million tons. »

Tags:
Posted in Soybean | Comments Off

MARKET TALK: India Wheat Futures End Flat; Thin Trade

Monday, June 8th, 2009

India wheat June NCDEX futures provisionally end flat at INR1,095.40/100 kg on lack of trade participation. Volumes down at 1,080 tons as compared with daily average of 2,200 tons. "Sentiment remains low on rising »

Tags:
Posted in wheat | Comments Off

Free PositiveSSL and WhoisGuard with Every Domain Purchase