Edible oil market highlights -

● KLC opened with a slight decline, but after the holidays, the Chinese market has started with a rise today. KLC remains weak today due to weakness in CBOT soya oil.

● Sun oil prices have increased by Rs 5 per kg in the last two weeks, but rice bran oil has declined due to sluggish demand at higher levels.

● Loose rice bran oil prices may fall by Rs 2-3/kg, but branded oil prices will remain stable. Because in view of festive demand, hold the stock till one week before Diwali.

● Demand support is not being received at higher levels, so the uptrend will be curbed, but due to the fall in the stock of edible oils, a major downtrend is not expected.

● Soya and palm oil are expected to open lower by around Rs 5-10/10kg due to weak demand and fall in overseas markets.