🔹 Edible Oil Market Update
Global markets remained volatile due to Trump’s uncertain statements and weak fundamentals. His remark — “We will end cooking oil trade with China” — led to a mild recovery in soyoil prices, supported further by expectations of stronger domestic biofuel blending demand. Meanwhile, the ongoing U.S. government shutdown has limited access to key export and demand-related data.
KLC opened slightly higher but lacks any major trigger for a strong rally. Global sentiment remains weak amid Trump’s unpredictable comments and renewed U.S.–China trade tensions. Fundamentally, KLC also shows no solid support for a sustained uptrend.
CBOT soyoil is being supported by firm biofuel demand and lower stock levels. However, CBOT soybean futures fell amid U.S.–China trade uncertainty. Market volatility continues due to unclear U.S. policy direction and Trump’s statements. U.S. soyoil stocks in September declined by 2% owing to lower crushing and higher biofuel consumption. Amid global fluctuations, Indian edible oil prices are likely to remain under pressure.
Weak demand and sufficient supply continue to weigh on rice bran oil. Prices have dropped by ₹2/kg from higher levels. Export restrictions on rice bran DOC are keeping supply comfortable. Demand remains sluggish as mustard and other edible oils are also weak. In Kanpur, refined rice bran oil remained steady at ₹1,220–₹1,225 per tin, while Kolkata markets saw a ₹2/kg decline.
With Diwali approaching, demand has almost dried up. The ongoing harvest of local crops and increased arrivals of other oilseeds will keep supply pressure intact. Cheaper blending alternatives are also likely to limit rice bran oil demand.
Trading Advice:
Offload existing stock and make fresh purchases only as per actual demand.