📊 Sun Oil Report

🔻 Price Decline:

• Sun oil prices continue to decline due to weak demand.

• A decline in sun oil prices has also been recorded in international markets.

🌍 Impact of Other Oils:

• Weakness in soybean and palm oil has weakened the demand for sun oil.

• Sun oil is still trading at a higher premium compared to soybean oil.

• In Kandla, sun oil is trading ₹12.5 per kg higher than soybean oil.

⚠️ Import and Stock Situation:

• Due to weak imports, sun oil stock at Indian ports remains low.

📈 Trade Strategy:

• Traders should wait for fresh buying around ₹1330 per kg in Kandla for long-term positions.