🔻Price: Market lacks upward momentum. No strong signals from supply-demand fundamentals or macro trends to support a short-term rally.

🌾Supply: Farmers continue to hold back stock, while imports rose by 30%, mainly from Brazil.

🚢 Key factors to monitor in late Q2:
– Freight rates may spike from June due to a temporary tariff suspension between the U.S. and China.
– Indonesia and Brazil will begin their harvest by late July, potentially putting downward pressure on global prices.

💡Recommendation: Purchase based on actual demand.

👉 Find the full report below for your reference.

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📩 Contact us for more detailed information:
Mr. Jasvinder – Jasvinder@namagro.com
Ms. Han – giahan@namagro.com

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