Page 1 of 5 Crude Palm Oil Recap BMD CPO Previous Open High Low Close Net % % Vol. Volume OI OI Aug-2013 2293 2270 2290 2270 2300 7 0.31 21-87.79 1055-1 Sep-2013 2266 2266 2284 2251 2280 14 0.62 1776-38.44 12003-1332 Oct-2013 2236 2236 2262 2222 2259 23 1.03 15943-13.54 51799 261 Nov-2013 2229 2230 2254 2217 2253 24 1.08 4312 6.10 37766 0 Dec-2013 2234 2230 2259 2221 2258 24 1.07 3604 102.93 18574 106 Spread Aug-2013 Sep-2013 Oct-2013 Nov-2013 Dec-2013 Aug-2013 20 41 47 42 Sep-2013 21 27 22 Oct-2013 6 1 Nov-2013-5 MCX CPO Previous Open High Low Close Net % % Vol. OI Volume OI Aug-2013 490.2 490.5 494.7 488.1 490.5 0.3 0.06 1368-53.91 5045 55 Sep-2013 483.9 482.2 486.5 481.6 484.2 0.3 0.06 829-54.82 3428-198 Oct-2013 473.9 472.7 477.5 472.7 476.2 2.3 0.49 458 117.06 505-63 Spread Jul-2013 Aug-2013 Sep-2013 Jul-2013 6.3 14.3 Aug-2013 8 Physical Market Rates Date Commodity Rate Units 1-Aug-13 Malaysia CPO FOB - August 709.66 $ / MT 1-Aug-13 Malaysia Palm Kernel FOB - August 1323.43 $ / MT 1-Aug-13 Malaysia Palm Oil RBD FOB - August 750.00 $ / MT 1-Aug-13 Malaysia Palm olein - August 755.00 $ / MT 1-Aug-13 Malaysia Palm Stearin - August 690.00 $ / MT 1-Aug-13 China - Tianjin Refined Palm oil Spot 5500.00 CNY / MT 1-Aug-13 Indonesia CPO FOB Spot 755.00 $ / MT 1-Aug-13 India Mumbai C & F CPO Spot 795.00 $ / MT 1-Aug-13 India Mumbai C & F Palm olein RBD Spot 797.00 $ / MT 1-Aug-13 India Kakinada Palm olein RBD Spot 525.00 Rs. / 10 Kg 1-Aug-13 India Kandla Palm olein RBD Spot 525.00 Rs. / 10 Kg 1-Aug-13 India Mangalore Palm olein RBD Spot 535.00 Rs. / 10 Kg BMD CPO futures moved moderately higher on Thursday on momentum built by positive Malaysia Palm oil July export figures. However, gains were limited by ideas of increasing supply of veg. oils in the coming weeks. Exports of Malaysian Palm oil products in July rose 4.2% to 1,406,935 MT from 1,350,311 MT shipped during June, cargo surveyor Intertek Testing Services said. ITS figures show Chinese imports were higher in July from previous month. Exports of Malaysian Palm oil products for July rose 5.3% to 1,385,607 MT compared with 1,315,698 MT shipped during June, cargo surveyor Societe Generale de Surveillance said. 1
Page 2 of 5 MCX CPO prices ended flat yesterday. Rupee closed higher on Thursday. CBOT August Soybean Oil finished up 0.4 cent at 42.49 cents, 0.2 cent off the high and 0.4 cent up from the low on Thursday. Crude oil prices closed sharply higher yesterday on supportive data from China and Europe. US Dollar index too ended sharply higher. Asian equity markets were trading higher on Friday morning. Spread: - CBOT Soy Oil September BMD CPO October Spread: - NCDEX Soy Oil August MCX CPO August The CBOT Soy Oil September BMD CPO October spread is at $242.38/MT. The NCDEX Soy Oil August MCX CPO August spread is at Rs.168.70/10Kg. 2
Page 3 of 5 Charts & Outlook BMD CPO BMD CPO with USDMYR BMD Crude Palm Oil October (2259) Trade Recommendation: - None. 3
Page 4 of 5 MCX CPO with USDINR MCX CPO September (484.20) Trade Recommendation: - None. Outlook: - Better July export figures amid weakening Ringgit are near term positive forces. Resistance is at 2320 levels. CPO prices may firm up in the near term and consolidate. Sustained up-move does not seem likely as rallies may attract selling pressure. The bigger picture is still bearish as veg. oils supplies are likely to outpace demand. Rupee weakness to provide additional support to Indian CPO prices. Dalian Palm Olein September 2013 (5525) Comments: - Resistance is at 5750-5830 levels. 4
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