Edible Oil Market Update
Advisory Bazaar Info Services
Palm Oil: Indonesia’s B50 biodiesel program, Brent crude near $97/bbl, and potential supply risks are supporting CPO prices. However, ample soybean oil availability in India could limit the upside at higher levels. Prefer buying on dips and profit-booking on sharp rallies.
Soybean Oil: Demand remains firm, but heavy imports are increasing domestic availability and keeping supply pressure on prices. Avoid chasing the rally; prefer buying on corrections and booking profits during sharp price increases.
Strategy: Maintain limited inventory, avoid building large stocks at higher levels, and keep sufficient cash reserves for buying during market corrections.