The edible oil market seemed calm, but in fact, there were undercurrents. Digging deep into the data and events behind it, we can discover many unknown truths and new trends in the development of the industry.

⇒ Secret war in the international market: interest game under price fluctuations The Indian edible oil market suffered a "Waterloo" in May, and the prices of various edible oils fell together. This is not accidental, but a chain reaction of changes in the overall environment of the international edible oil market. International oil giants are secretly wrestling and are willing to lower prices in order to seize market share. The price fluctuations of domestic edible oils in India are a clear proof of the fierce collision between local companies and international capital. In the complex price war, whoever can accurately grasp the market rhythm can gain a foothold in the fierce international competition. Malaysia's palm oil exports "unexpectedly" increased by 21%-25% in the first 5 days of May. Behind this abnormal phenomenon is the ambition of the Southeast Asian palm oil industry to reshuffle the global market. However, the Indonesian Palm Oil Association expects global palm oil production to increase, and factors such as the adjustment of US biodiesel policy and fluctuations in crude oil prices are like the sword of Damocles hanging over our heads. The future direction of the palm oil industry is full of uncertainty, and subtle changes in industrial policies and market dynamics of various countries may become key factors affecting its development.

⇒ Domestic market situation: inventory fog and consumption code Domestic oil mills staged a "stock fog" drama in May. Soybean stocks increased slightly, but the operating rate decreased abnormally, and soybean oil stocks shrank accordingly. Behind this may be the strategic layout of the oil mills in raw material procurement and production plans, or it may be the advance prediction of changes in market supply and demand. The operating rate of key oil mills dropped to 48.86%, soybean oil commercial stocks decreased by 33.400 tons, and palm oil stocks also decreased by 35.700 tons. These data changes are like signal lights in the fog, guiding the market direction, and oil mills and dealers have their own thoughts in this fog, trying to find the best response strategy. The consumption trend of edible oil in 2025 hides the "consumption code". The changes in the economic situation, the upgrading of consumer demand and technological innovation have jointly promoted the transformation of the edible oil industry. China Research Institute predicts that my country's edible vegetable oil consumption will increase by 3%. It seems to be only a small increase, but it actually contains huge market potential. Different oils perform differently in the consumer market. Behind the main consumer varieties such as peanut oil, soybean oil, palm oil and rapeseed oil is the result of the interweaving influence of consumer preferences, food culture and health concepts. Whoever can crack the consumption code will stand out in the fiercely competitive domestic edible oil market.

⇒ Regulatory storm and policy escort: quality checkpoints and new chapters in transportation A "regulatory storm" is brewing in the field of edible oil quality and safety. The notice of the 13th batch of food sampling failures issued by the State Administration for Market Regulation is like a sword of Damocles hanging high, always reminding edible oil manufacturers to strictly abide by the quality checkpoints. Consumers are paying more and more attention to the safety of edible oils, and any quality and safety issues may cause huge shocks in the market. The Yangtze River Maritime Safety Administration reiterated the edible oil water transport policy to ensure the safety of edible oil transportation. The requirements of special ships for special transportation and strictly prohibiting mixed loading not only ensure that the quality of edible oil is not damaged during transportation, but also reflect the policy level's emphasis on quality control of the entire edible oil industry chain. The clear regulations on the main transportation varieties also reflect the differences in the status and demand of different oils in market circulation. Under this policy escort, the supply chain stability of the edible oil industry has been strengthened, laying a solid foundation for the healthy development of the industry.

⇒ Market price puzzle: variety differentiation and trend prediction Soybean oil, palm oil and rapeseed oil fell into a price "puzzle" in May. Affected by factors such as the operating rate of oil mills, inventory changes and market procurement rhythm, the spot price of soybean oil showed a stable but weak trend. Although palm oil inventories are being destocked, the market delivery rhythm has slowed down, and the base price and basis are looking for a balance in the shock. The supply of rapeseed oil is stable, and price fluctuations are affected by the overall market of oil and fats and the linkage of the crude oil sector. The arrival of the traditional off-season limits its market fluctuations. The divergence of price trends of different oil types is due to the differences in their respective supply and demand relationships, industrial characteristics and market expectations. In this price maze, market participants need to be keenly aware of the dynamic changes of various influencing factors in order to accurately predict price trends and formulate reasonable purchase and sales strategies.

⇒ On the eve of industry change: a wave of health, a fog of challenges and a dawn of opportunities The edible oil industry is undergoing a quiet "health revolution". Consumers' pursuit of healthy oil products is like a surging wave, driving companies to increase investment in research and development and production. Healthy oil products such as high oleic peanut oil and high oleic sunflower oil are gradually emerging and are expected to become the mainstream of the market in the future. However, the industry's path forward is not smooth. The challenges brought about by raw material price fluctuations and policy changes are like a fog hanging over the heads of companies. In 2024. El Niño will cause a 15% reduction in palm oil production in Southeast Asia, which will directly affect the global palm oil supply pattern; the EU intends to list palm oil as a "high-risk deforestation product" and plans to impose taxes in 2025. which will bring huge policy risks to related companies.

Market competition is becoming increasingly fierce. Large enterprises have taken a favorable position by virtue of their scale and cost advantages, while small and medium-sized enterprises need to find ways to survive in differentiated competition. On the eve of this change, the dawn of opportunity has flickered in the darkness. If enterprises can seize the development trend of healthy oil products, lay out the entire industry chain of special oils in advance, and strengthen cooperation with scientific research institutions to develop special products, they will have the opportunity to stand out in the fierce competition.

For investors, focusing on supply chain integration, technological innovation and brand building is expected to reap rich returns in the process of industry reshaping.The edible oil market in May 2025 is a stage where data fluctuations and events are intertwined, and it is also a microcosm of the eve of industry change. Digging deep into the truth behind the surface phenomenon, we see an industry that is moving forward in challenges and opportunities and colliding in tradition and innovation. Where the edible oil market will go in the future is worthy of our continued close attention and in-depth exploration.