MUMBAI MARKET:18 MAR

Gn 530 (GLC) Cot Ref 422 Soya 445 , Digam NA ,Palm 370/72 , Musterd 455 SunExp. 390/95 SunRef. 455 Gujarat Market: Gntin 805/10 Loose 510/15 Wash 396/400 , Soft Oil C.I.F. 725 ,Dollar 51.34 Crude $ 48.55 Proj -15 Indore Hazir 438/42. Product. 625(+5)Apr 620(+5)MAY/JUNE 595(+5)J/A/S. KLCE. +6+11+14+16. CBOT. +45+46+46+46. SoyaRef. Indore Open April 461.20 Hapur Open May 445.50.

MUMBAI MARKET :17 MAR

Gn 525/30 (GLC) Cot Ref 422 Soya 445 , Digam NA ,Palm 370/72 , Musterd 450 SunExp. 390/95 SunRef. 455 Gujarat Market: Gntin 800/05 Loose 505/10 Wash 395/98 , Soft Oil C.I.F. 714 ,Dollar 51.37 Crude $ 47.71 Proj +5 Indore Hazir 442/45. Product. 620(00)Apr 620(+10)May/June 600(+5)J/A/S. KLCE. +29+42+38+24. CBOT. +69+62+61+60. SoyaRef. Indore Open April 460.00 Hapur Open May 445.00.

BRAND RATES :06MAR

Liberty Mumbai Palm 350(00) Upto 31 Mar JNPT ,352(00) Upto 31 Mar JRE/Ghat ,352(00) Upto 31 Mar Shahpur ,Super Palmolien 395(00) Upto 31 Mar, SunRef. No Rates .Ruchi Mumbai Palm 348(00) 1-15 Mar ,350(00) 15-30 Mar,Super Palmolien NO RATES,SunRef. 445(00) , SoyaRef. 440(00) .

MUMBAI MARKET :06MAR

Gn 515 (GLC) Cot Ref 415 Soya 435 Ready, Digam NA ,Palm 347/48 , Musterd 450 SunExp. 390 SunRef. 445 Gujarat Market: Gntin 790/95 Loose 490/500 Wash 392/95 , Soft Oil C.I.F. 714 ,Dollar 51.66 Crude $ 43.75 Proj +7 Indore Hazir 435 Product 602.50(00)Mar 595(00)Apr 595(00) May/June. KLCE.00-1-1-8. CBOT. -30-28-28-27. SoyaRef. Indore Open MARCH 450.00 Hapur Open March 427.50.

BRAND RATES :05MAR

Liberty Mumbai Palm 348(+2) Upto 31 Mar JNPT ,350(+2) Upto 31 Mar JRE/Ghat ,352(+2) Upto 31 Mar Shahpur ,Super Palmolien 395(00) Upto 31 Mar, SunRef. No Rates .

CBOT PROJECTION:

SOYAOIL	MAR	30.46	0.27
SOYAOIL	MAY	30.8	0.38
SOYAOIL	JUL	31.08	0.36
SOYASEED	MAR	877.75	14.75
SOYASEED	MAY	870	16.5
SOYASEED	JUL	867.75	16.5
SOYAMEAL	MAR	275.7	4
SOYAMEAL	MAY	270.6	5.9
SOYAMEAL	JUL	266.2	6

CHINA CLOSING:MAR 4

EXP/COM	Open	High	Low	Close	Ch.	Prev. Settle
Soybean No.1
MAR 09	3698	3701	3698	3699	+3	3696
MAY 09	3639	3658	3632	3649	+29	3620
JUL 09	3575	3610	3575	3589	+27	3562
Soymeal
MAY 09	2501	2559	2490	2535	+65	2470
JUL 09	2530	2567	2490	2539	+58	2481
AUG 09	2464	2549	2464	2524	+54	2470
Palm Oil
MAY 09	5072	5122	5048	5078	+26	5052
JUN 09	5088	5138	5058	5074	+24	5050
JUL 09	5066	5126	5066	5082	-18	5100
Soybean oil
MAY09	5900	5980	5900	5950	+60	5890
JUL 09	5914	5942	5890	5916	+40	5876

CRUDE OIL

Crude oil futures fell ten percent Monday to close at $40.15/barrel on speculation that demand will continue to erode as the global economic recession worsens.
The Dow Jones Industrial Average fell below 7,000 for the first time since 1997 last night, with European and Asia stock markets also hitting multi-year lows.
Data from the US Energy Dept on Wednesday is expected to show US stockpiles increasing yet again by around 1 million barrels to around 352 million, analysts say.
With US refineries only running at around 81-82 percent of capacity, and OPEC production cuts also filtering through to the market, these ever-increasing stocks are a clear indication of just how poor demand is.
In early trade Tuesday, crude is slightly firmer at $40.70/barrel.

US Winter Wheat Conditions Deteriorate

A USDA report issued after the close last night shows winter wheat conditions continuing to worsen in Texas. Oklahoma and Kansas.
The report says that as of the end of February Kansas had 50% of the crop rated good/excellent, down 9 points from the end of January. In Oklahoma only 22% of the crop is rated in the top two categories, whilst in worst affected Texas only 10% of the crop makes the top two grades.
In Texas 63% of the crop is now rated in poor/very poor condition, whilst in Oklahoma it is 42% and 15% in Kansas.
Meanwhile another week of hot and dry weather will affect the southern Plains this week, according to Allen Motew of QT Weather. The newly issued Climate Predication Center (CPC) monthly forecast keeps the southern Plains and Gulf Coast warm and dry for March, he says.