Edible Oil Market Update

Advisory Bazaar Info Services

KLC (Palm Oil) is trading firm in the range of 4400–4600, supported by strong export data.

CBOT Soybean Oil slipped from higher levels to close at 50.87 cents per pound.

A correction was also seen in Argentina Soybean Oil FOB rates.

After Diwali, weak demand may lead to a mild correction in edible oils. Use the current rise to clear existing stocks and avoid fresh buying.

Mustard gained ₹75–100 per quintal, while mustard oil rose by ₹1.5–2/kg. Pre-Diwali demand and limited stock are keeping prices firm. Profit booking is advised at higher levels.