While some price pressure may emerge with the harvest, strong demand due to the festival season in India is likely to support firmness across vegetable oil markets. Rapeseed oil is expected to remain firm due to tight availability. Sunflower oil may continue to rise, especially with strong demand in India and seasonal Middle East buying (e.g., school season). Biofuel demand in EU, Indonesia, and USA remains a major support factor.

July 9, 2025 is the deadline for U.S. trade deals under President Trump’s “reciprocal tariff” policy. If no deals are reached, new tariffs (up to 70%) may begin August 1. Overall, the market remains volatile, but pricing stays firm. As we approach OND, fundamentals lean bullish. Supply remains manageable, but the key question is will the demand keep up.

Please enjoy a fresh overview of the food oil market.