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Indian domestic oilseed prices mostly closed lower on January 15, 2025, following a dip in the Malaysian exchange that pulled down CPO, palmolein, and cottonseed oil. Mustard prices eased ahead of the new crop, and soybean degum imports sold at about ₹97 per kilogram at ports as importers faced financial strain.
Weakness in Malaysian futures and softer Indian buying at high price points point to lower palm oil prices in the near term. Indian domestic moves are a secondary signal for global vegetable oil and meal pricing.
theunmuteenglish.comThe_unmuteenglishJan 16, 2025Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
