ASIA EXPANDS BIOFUEL MANDATES MARKET OUTLOOK: Bullish for vegetable oils over the medium to long term, particularly palm oil. However, the actual price impact will depend on mandate implementation, feedstock availability, crude oil prices and exportable surplus. KEY TAKEAWAY : Biofuel demand is becoming an increasingly important pillar of the global vegetable oil market, shifting the balance between food consumption, fuel demand and export availability. Market Today By Abdul Hameed

Global Vegetable Oil Market The global vegetable oil market is entering an important phase, with changing production patterns, expanding crushing capacity and evolving biofuel demand reshaping market fundamentals. 1. Production and Supply The US is expecting higher soybean production, while Canada continues expanding its canola processing capacity. Ukraine may increase spring rapeseed acreage in 2027. In contrast, the EU could see lower winter rapeseed plantings due to unfavourable weather, while sunflower acreage may reach a record level. 2. Biofuel Demand and Crushing Capacity Growing biodiesel and renewable diesel industries are creating additional demand for soybean and canola oils. Investments in processing facilities across North America highlight the increasing importance of domestic crushing. 3. China: A Changing Trade Dynamic China's soybean oil exports could reach a record 1.35 million tonnes in 2026/27. Higher exports and lower vegetable oil import requirements could intensify competition in international markets, particularly for palm and sunflower oils. 4. Palm Oil and Market Pressure Rising Malaysian palm oil inventories, weaker crude oil prices and declining rapeseed prices are creating short-term pressure. However, palm oil's competitive pricing against soft oils remains an important demand advantage. Overall Market Outlook The vegetable oil market is facing two opposing forces: expanding supply and increasing industrial demand. In the short term, inventory levels, crude oil prices and export performance will remain critical market drivers. Over the longer term, biofuel demand, crushing capacity and changing trade flows will play a major role in determining price direction. The key question for the market is not simply how much oil will be produced, but how much additional demand can absorb the growing supply. Market Today By Abdul Hameed #VegetableOils #PalmOil #SoybeanOil #Canola #Biofuels #CommodityMarkets #Agriculture

📊 Vegetable Oil Market: Bearish Pressure Meets Demand Support Rising Malaysian palm oil inventories and weaker crude oil prices are weighing on market sentiment. Meanwhile, expanding biofuel capacity and changing global trade flows are providing longer-term demand support. Market outlook : Short-term volatility remains high, while supply, export demand and energy prices will determine the next major direction. #PalmOil #EdibleOils #FCPO #CommodityMarkets Market Today By Abdul Hameed

CRUDE OIL Brent: $104.80/bbl (+0.03%) WTI: $96.66/bbl (+0.21%) Oil recovered slightly after reports of a US strike on Iran's Qeshm Island, following Monday's sharp decline of over 7% on diplomatic optimism. CONCLUSION : Geopolitical supply risks are supporting crude, but ongoing peace talks and limited price gains suggest a cautious, volatile market. #CrudeOil #Brent #WTI #Iran #Hormuz #OilMarket Market Today by Abdul Hameed

GLOBAL OIL MARKET | 28 OCTOBER 2026 Brent crude has moved back above $115/barrel, while WTI trades above $101 as renewed Middle East supply risks return to the market. Falling U.S. crude inventories add support, while diplomacy and OPEC+ supply policy remain important counterweights. Market View: Crude remains firm, volatile and highly headline-driven. #CrudeOil #Brent #WTI #OilMarket #Energy