*>NY-Cotton
Mar:66.40+0.13
May:67.68+0.14

*>Indian Cotton
Jan:51950-00
Mar:53740+130

*>KLC RE-OPEN
-10-09-13-10
3rd-Month@4265

*>KLC/Palm Oil
Feb:4550+15
Mar:4405+13
Apr:4290+11
May:4199+09

*ProjA/S.Oil
45.63+0.65(+1.45%)

*Crude Oil
72.55-0.18(-0.25%)
-
*>NY-Cotton
Mar:65.88-0.39
May:67.23-0.31


#MalaysianPalmOil futures saw a slight dip, trading around MYR 4,260 per tonne after strong gains earlier. Market activity resumed post the two-day #LunarNewYear break, but a subdued holiday mood dampened sentiment. Traders are closely watching #JanuaryExport estimates as early-year shipments show signs of decline. Uncertainty looms with renewed #USTradeTensions, as President Trump’s February 1 deadline for a 10% tariff on Chinese goods approaches. Meanwhile, #Indonesia is considering a 9-10% cut in crude palm oil export levies, adding to market unpredictability. Despite this, futures are on track for a second weekly gain, up 1%, supported by #MPOC forecasts of prices ranging MYR 4,250-4,550 in Q1 2025. Strong demand is expected from March, driven by #Ramadan and #EidulFitr in April. #PalmOilMarket #Commodities #TradeWars #MarketOutlook

#SoybeanFutures traded near $10.40 per bushel, down from a six-month high of $10.67 on January 21, as favorable weather forecasts in #Brazil eased supply concerns. Analysts remain optimistic about a strong harvest in Brazil, with potential crop losses in #Argentina due to hot, dry conditions likely offset by Brazil's robust production. According to #CommodityWeatherGroup, southern Brazil and #Paraguay may see relief next week, while dry weather in northern Brazil aids early harvesting, though wet conditions are expected to return briefly. In Argentina, rains in key regions like #Cordoba, #SantaFe, and #EntreRios are improving moisture levels in the north, but dry spells persist in the south and central areas. Meanwhile, demand concerns grew after #China halted soybean shipments from five Brazilian firms due to non-compliance with plant health standards. #Agriculture #Commodities #WeatherImpact #GlobalTrade #SoybeanMarket


#CottonFutures stabilized near 67 cents per pound as speculative buying balanced pressure from a stronger #USDollar, while cautious sentiment prevailed due to uncertainty over #USTradePolicy. ICE’s deliverable No. 2 cotton inventory remained steady at 218 bales as of January 24, reflecting stable supply levels. However, #Brazil’s 2024-25 cotton production forecast was revised down to 3.79 million tonnes from 3.83 million tonnes, driven by reduced planted acreage in #MatoGrosso, the country’s top cotton-producing region. The #USDA’s January #WASDE report projected higher U.S. production and ending stocks for the 2024/25 crop year. Globally, production was raised by 2 million bales, while world consumption increased by 100,000 bales. #CottonMarket #Agriculture #Commodities #GlobalTrade #SupplyDemand