Edible oil trends

Category:-Veg oil | 20-Feb-2025 11:26 PM

🔹 Edible Oil Market Update ðŸ”¹

✅ Malaysian Palm Oil (KLC): Opened weak but recovered due to strength in China’s DCE.

✅ US Soybean Oil (CBOT): Closed lower last night as rising US soybean oil stocks put pressure.

✅ Indian Market: Expected to open stable to slightly higher as supply remains tight while international markets are steady.

✅ China (DCE): Strength in DCE and festive demand will support KLC at lower levels.

✅ Ukraine Sunflower Oil:

Rising seed prices are pushing sunflower oil prices higher.

Declining stocks in Ukraine are leading farmers to raise crop prices.

📈 Overall: The Indian market may remain stable or witness slight gains, with focus on supply and festive demand.


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