Egyptian buyer GASC purchased about 51.5 thousand tons of vegetable oil for October 25 to November 10 delivery, including 10 kt of sunflower oil from ADM and 11.5 kt from Aston at $719/t. Sunflower oil prices were $719-731/t, down $17/t from the previous tender, while 30 kt of soybean oil was bought at $698.7/t.
Palm and soybean oil prices had begun to recover after a long decline.
Lower sunflower oil tender prices signal weak edible oil demand, but the rebound in palm and soybean oil and firmer Indian demand for sunflower oil may limit further downside. Feed buyers should expect vegetable oil prices to stay range-bound.
Na 81 eerdere neutraal handel-gebeurtenissen bewoog Sojaolie zich mediaan +0,3% over 5 sessies (56% hoger; middelste helft -1,6% tot +1,8%), en +0,9% over 20.
Na 133 eerdere opwaarts handel-gebeurtenissen bewoog Palmolie zich mediaan +0,7% over 5 sessies (64% hoger; middelste helft -0,8% tot +2,3%), en +1,7% over 20.
Bewegingen van de benchmark van elke grondstof sinds de laatste slotkoers vóór de gebeurtenis. Historische waarden bundelen eerdere gebeurtenissen van hetzelfde soort; ze beschrijven wat er gebeurde, niet wat zal gebeuren. Geen beleggingsadvies.