SUNFLOWER OIL MARKET DISRUPTIONS:
Russia’s Actions in Ukraine’s Port Cities Cause Damage and Closures
Concerns over Increased Insurance and Freight Costs
Turkey Trades at USD 1000, India Witnesses Pricing between 1020-1060 USD
Scarcity of Offers Expected, Prices May Reach USD 1100

ROBUST DEMAND FOR SUNFLOWER OIL IN INDIA:
Chennai Records Trades as High as INR 92,000/-
Possibility of Prices Escalating to INR 100,000/-
Refiners Advised to Hold Stocks and Continue Purchasing Surplus Oil

AGRI COMMODITIES AND SOYBEAN OIL:
Hot Weather and Russia’s Grain Deal Withdrawal Impact Market
CBOT Aug Trades at 70.40, Sept at 66.83
Buying Interest Expected in Bean Oil with Higher Sunflower Oil Prices

DISPARITY IN PRICES OF DEGUM SOYBEAN OIL IN INDIA:
Buyers Advised Not to Delay Covering Positions
Long Positions Recommended between USD 100-1050, Avoid Over 1150

MDEX MARKET UPDATE:
Lower Opening with 1.5% Initial Losses
Anticipate Market Recovery and Attempt to Reach RM 4450
High Palm Prices May Lead to Supply Restrictions in Indonesia

Palm Oil Trading:
Long Positions Suggested between RM 3450-3550
Short Positions Can Be Considered at RM 4250
India’s Offering of USD 975 for CPO Likely to Be Favored.