🔹 Edible Oil Market Update 🔹
📌 International Market:
• KLC closed; no clear signals from DCE and CBOT.
• Malaysian palm oil exports increased, supporting KLC at lower levels.
• U.S. biofuel soybean oil consumption fell by 40%, but stocks rose by 8.5%.
📌 Indian Market:
• Oil prices recovering; buying is advisable on short-term corrections.
• Sunflower oil: No major volatility expected; buy if prices drop by ₹2-3.
• Soybean oil, CPO, Palmolein, Cottonseed showing an uptrend.
• Navratri & wedding season expected to boost demand.
📢 Trading Strategy: Stay updated with market trends, buy smartly, and maximize profits!