🔹 Edible Oil Market Update 🔹
✅ 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.