Vegetable oils remain supported as geopolitical tension keeps energy prices volatile. Higher biodiesel competitiveness, rising oils & fats demand, and a lower stock-to-use ratio are tightening sentiment, while policy signals from Indonesia, the US, Brazil, and the EU stay critical.
🚨 BREAKING:
FED WILL RELEASE THE SEPTEMBER JOBS REPORT TOMORROW.
IF UNEMPLOYMENT < 4.3% = THE MARKET WILL GO PARABOLIC.
IF > 4.3% = EXPECT VOLATILITY.
ALL EYES ON THE FED!
NEWS: President Donald Trump's administration is considering delaying for one or two years its proposed cuts in incentives for imported biofuels amid pressure from U.S. refiners who argue the move could raise costs and tighten fuel supplies, sources tell me.
Surprised by the sharp unseasonal Oct production jump that triggered the #palmoil sell-off. I see it as a delay, not derailment, of the bull rally. Fundamentals still point to tight supply next year — 5000 MYR remains achievable. Some technicals suggest possibility of a quick dip towards 4000 Ringgit (possible if MYR continue its strength) but if that happen then that should be seen as a strong buy opportunity. #soyoil #soybean #grain #oilseed #vegoil
#Sugar continues to struggle and is consolidating at the lows of the chart. $13.92 remains resistance and it has pushed up towards that line on thursday and friday but so far been rejected. This must break before sugar can get a bigger move up.
#Fed Cuts 25 BPS
A weaker #Dollar can make *#soybean oil, #PalmOil, and other global commodities more expensive*.
- So, for *#Bangladesh importers*, prices of #edible oil might *go up a little*
- Investors may also turn to *commodities for better returns*, pushing prices higher.
🇨🇳✨ China’s removal of reciprocal tariffs on soybeans (from Nov 10) sparks a strong rally — bulls stay in control.
But 13% duty on U.S. beans remains, keeping Brazil competitive.
Bangladesh inks $1 B U.S. bean deal (3× LY).
Specs long 75–85 K lots; charts stay bullish despite firm USD.
#Soybeans #China #AgriTrade
🇮🇩 Indonesia playing smart — pushing B50 to capture global biofuel space while fining big firms for land grabbing. Heavy penalties forced discount sales, cooling local prices short-term but creating room for export gains later. #PalmOil#Indonesia#Commodities
Market shows classic “buy the rumor, sell the fact” reaction, easing slightly after strong gains.
U.S. beans stay globally cheapest; Brazil rains improving planting pace.
Watch 1063–1070 zone as strong technical buy area before possible post-meeting bullish swing. 🌱📈