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Palm-Oil-Report-Apr-16-2012

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					                                        Pakistan Agriculture Research
    Over Night 13 Apr 2012

    Soy Market Summary
Soy Complex
                                         PALM MARKET WATCH
                                         Issue # April 16, 2012

    Soybeans closed lower on the
    day but up 3 cents for the week
    on the spot contract. New crop            RBD Palm Oil                 RBD Palm Olein                Canola Seed Oil /
    November was down 14 cents              Local Price / Maund           Local Price / Maund           37 KG (Ex Karachi)
    for the week.
                                                Rs. 5,325/-                  Rs. 5,315/-                    Rs N/A
    There is some weather related
    disruption to harvest over the
    next couple of days in both
    Argentina and Brazil with rain
    amounts forecast at 3/4 to 1.5      CPO – Malaysia Exchange Chart-(Close), April 16 2012
    inches.


Closing Trend
      May 12 Soybeans closed at
      $14.36 3/4, down 4 1/4
      cents,
      Jul 12 Soybeans closed at
      $14.40 3/4, down 3 3/4
      cents,
      Aug 12 Soybeans closed at
      $14.24 3/4, down 7 1/4
      cents,
      Nov 12 Soybeans closed at
      $13.61 3/4, down 11 cents,
      May 12 Soybean Meal closed
      at $395.80, up $1.20,
      May 12 Soybean Oil closed
      at $56.52, down $0.71




                                                       Malaysia April 1-15 Palm Oil Exports 594,798 Tons Down 15%-Intertek
               in this issue
                              -------
                              -------
                              -------    Malaysia's palm oil exports during the first 15 days of April fell 15% from
                                         the previous month, to 594,798 metric tons, cargo surveyor Intertek Agri
                                         Services said Saturday. Intertek March 1-15 exports at 697,804 tons.
                              Palm Market Watch
                              Market Closing as on --/--/--




        Palm Market Closing Commentary                                                                 Conversion Rate –- PKR
Crude palm oil futures on Malaysia's derivatives                                                            16 Apr 2012
exchange ended lower Monday after investors locked
in profits from recent gains following a rise in                                                      Currency        Buy      Sell
Spanish borrowing costs and a drop in export
demand.                                                                                                USD           90.60    90.40
                                                                                                        GBP          143.37   143.06
The new benchmark July contract on the Bursa
Malaysia Derivatives exchange ended 0.3% lower at                                                      EURO          117.96   117.7
MYR3,487 a metric ton after moving in a MYR3,458-
MYR3,498 range.                                                                                         MYR           29.5    29.43
                                                                                                     * Source: NBP
 Palm oil rose to a 13-month high last week after the
Malaysian Palm Oil Board said end-March inventory
levels fell to their lowest level since last August, at
a time when global vegoil supplies are expected to
remain tight due to production deficits.

But weaker export demand in the first half of April
and expectations for a modest rise in April CPO
production halted CPO's rally, a trading executive in
Kuala Lumpur said.

Cash CPO for prompt shipment was offered MYR55
lower at MYR3,475/ton. Open interest on the BMD
was 118,643 lots, versus 120,575 lots Friday. One lot
is equivalent to 25 tons.

       BMD CPO Closing dated 16 April 2012




    Malaysia April 1-15 Palm oil Exports 606,804 Tons, Down 14% on month -SGS

                                                                                         April 1-15         March 1-15
 Malaysia's palm oil exports in the first 15 days of April fell 14%
 from a month earlier to 606,804 metric tons, cargo surveyor SGS
 (Malaysia) Bhd. said Monday.                                         RBD Palm Olein        268,107          302,274
                                                                      RBD Palm Oil           38,292           36,639
 Malaysia exported 701,536 tons of palm oil during the March 1-15     RBD Palm Stearin       26,104           77,276
 period, SGS data showed.                                             Crude Palm Oil        183,080          167,484

                                                                        Total*             606,804          701,536
  The following are the major items in the SGS estimate:
                                                           Palm Market Watch
                                                                 Market Closing as on --/--/--



FOB- Crude Palm Oil (In MYR) --- (Date: 16/4/2012)


 Offer (US$ /                                        Previous
                   Shipment           Change
    MT)                                              Change

     3,475          May ’12            (55.00)        (40.00)




FOB- RBD Palm Olein ---             (Date: 16/4/2012)

 Offer (US$ /                                        Previous
                   Shipment           Change
    MT)                                              Change

   1,170.00          Apr ’12           (5.00)         (10.00)


   1,170.00       May / Jun‘12         (5.00)         (10.00)

                  July / Aug /
   1,170.00                            (5.00)           (5.00)
                    Sep ‘12
                 Oct / Nov / Dec
   1,145.00                            (10.00)          0.00
                       ‘12


FOB- RBD Palm Oil ---            (Date: 16/4/2012)

 Offer (US $ /                                       Previous
                   Shipment           Change
     MT)                                              Change

     1,165           Apr ’12           (5.00)           (5.00)


     1,165       May / Jun ‘12         (5.00)           (5.00)

                 July / Aug / Sep
     1,165                             (5.00)            0.00
                        ‘12
                 Oct / Nov / Dec
     1,145                             (10.00)           5.00
                       ‘12

				
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