Commodity News Update @Capitalstars: India's Soymeal exports slow on reduced bean crop - 19 Apr 2018


Capitalstars

India's exports of Soyameal are seen declining by over a fourth to around 15 lakh tonnes in the current oil year (ending September 2018) on reduced oilseed availability for crushing.


The shipments of soyameal have progressively slowed over the past four months to 10.25 lakh tonnes for the October-March 2018 period as against 11.89 lakh tonnes in the corresponding period last year.

“We expect another 2.5-5 lakh tonnes to be shipped in the remaining part of the oil year depending on the residual stocks,” said a top official of Soyabean Processors Association of India (SOPA), the apex body of oilseed crushers.
http://www.capitalstars.com/derivative/


Total shipments may touch around 15 lakh tonnes, SOPA said adding that the decline in shipments over last year’s 20 lakh tonnes was mainly due to the reduced availability for crushing.

SOPA estimates that over three-fourth of the oilseed produced during 2017-18 has already arrived into the markets. Stocks with the crushing units, farmers and traders were estimated at around 32.11 lakh tonnes.

“The carry forward stocks for next year would be around half a million tonnes, possibly the lowest in recent years,” the official said.

HAVE A NICE DAY!!!!!!

WWW.CAPITALSTARS.COM+917316690000

----------------------***-----------------------


Click here for Our Best Services

http://capitalstars.com/precious-metals-free-commodity-tips/
Free Commodity Tips -

Precious Metal Pack is one of our packages for MCX Traders. In this package, we provide Accurate Mcx Tips & Free Commodity Tips i.e. gold tips & silver tips


http://capitalstars.com/option-premium-share-tips/

Commodity Tips -

We provide you daily intraday option premium calls, share tips, stock options Tips, nifty option premium calls with high-level accuracy.



Share Tips

Share Tips -

Bullion Intraday is including Bullion tips, commodity trading tips, Gold,Silver, Aluminium, Nickel, Lead, Copper, N G, with 90% accuracy for MCX Traders.
Share:

1 comment:


  1. MCX CALL: BUY NICKEL ABOVE 1032.00 TARGETS 1038.00 / 1048.00 / 1058.00 STOPLOSS 1023.00

    MCX UPDATE: FIRE FIRE FIRE...NICKEL BUY CALL HAS ACHIEVED FINAL TARGET 1058 BOOK FULL PROFIT NEW HIGH 1062

    MCX COMMODITY TIPS

    ReplyDelete