Hello everyone, Please enjoy a fresh overview of the vegetable oil market.

Lower crude oil prices (WTI $68.46/bbl, Brent $71.54/bbl) slightly limit further upside for biodiesel feedstocks, but current biodiesel demand continues to provide strong underlying support. Currency markets are mostly neutral overall, while a weaker Russian ruble remains supportive for Russian exports. Biodiesel policy remains clearly bullish, with demand continuing to absorb large volumes of vegetable oils globally.

The US Dollar Index (DXY) remains around 99.8–100.0. A stronger dollar typically limits commodity rallies by making imports more expensive, remaining a bearish macro factor for vegetable oils. The Baltic Dry Index continues to weaken. Lower freight rates reduce delivered costs for importers and increase competitiveness among exporters, which is slightly bearish for FOB vegetable oil prices. The Russian ruble remains relatively strong around 71–73 per $, reducing margins for