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Sunflower oil rallies on Black Sea logistics constraints; palm holds firm despite Malaysian output recovery; soy faces export tax change.
EU biodiesel mandates pull rapeseed deeper into energy use, tightening food-grade balances and supporting Matif premiums.
Argentine soybean harvest enters peak window; US crush margins widen as biodiesel demand tightens domestic oil balance.
Mediterranean production stabilises after two drought-driven harvests; structural deficit eases but premiums remain elevated.
Philippine copra output recovers from 2024 weather damage; freight rates remain elevated on Red Sea diversion.
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