Edible Oil Market Snapshot (29 April 2025)

🛢️ KLC Update:

• Rising production pressuring prices; July contract unable to sustain above 4000 resistance.

• Discount with soyoil to support KLC at lower levels.

• Higher stocks to limit any major upside.

🌾 CBOT Update:

• Soyoil recovered from lows; focus on expected biodiesel mandate announcement.

• 18% soybean planting completed vs 12% last year.

• DCE palm and soyoil remain weak.

🇮🇳 Indian Market:

• Weak demand and lack of international support continue to pressure prices.

• After mild recovery on Friday-Saturday, prices fell by ₹5–10 per 10 kg yesterday.

• No major uptrend expected in the near term.

• Current forward stocks (May-end/June delivery) attractive for buying.