Edible Oil Market Update

Advisory Bazaar Info Services

• KLC will remain closed today as well.

• CBOT soybean oil closed flat after a volatile session yesterday. Higher crop estimates kept pressure, while lower stocks provided support.

• China has avoided US soybeans for 2025/26 and shifted preference toward South America amid trade tensions.

• US: New soybean crop harvest completed 5%; weak crop ratings expected.

• NOPA Data (August):

• Soybean crush: 189.8 million bushels (higher than market expectations).

• Soybean oil stocks: 1.245 billion lbs (as of Aug 31), an 8-month low.

• Down 9.7% from July’s 1.379 billion lbs.

• Brazil: 2025/26 soybean sowing progress only 0.12%; slow pace in Center-West due to dryness.

• Argentina: Soy oil remains firm on lower crushing and tight supply.

👉 Overall, the global edible oil market trend appears steady to firm with no major downside signals.

📌 Domestic Outlook (Mustard Oil):

• Despite the festive season, mustard oil demand is not encouraging.

• Plant buying activity remains limited.

• Strategy:

• Risk-averse traders should book profits on every rise from old stock.

• Traders willing to take some risk may hold inventory.

• Overall, the risk-reward remains favorable.