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Mysteel reports that national first-grade sunflower oil held steady at 11,300 yuan/t and crude sunflower oil at 10,700 yuan/t, with spot supply tight. Corn oil also held steady at 9,550 yuan/t for first grade and 8,663 yuan/t for crude, as crushers faced losses on high raw material costs.
Higher offshore costs, including Russia's export duty extended to 2028, and crusher losses are supporting domestic vegetable oil prices. Buyers should expect firm prices with limited near-term downside.
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.