Edible Oil Prices Plunge Globally; Coriander, Guar Seed Futures Fall

• International edible oil prices are significantly down: Palm at 3-week low, Soybean at 2-month low, and Mustard at a nearly 2-year low.
• Palm prices dropped below 4000 Ringgit, Soybean below $10.40/bushel, and Mustard below 450 EUR/T.
• In contrast, sunflower oil prices surged to a more than 3-year high.
• Coriander futures fell over 3% (350 rupees) to 9,864 rupees/quintal on NCDEX due to weak demand.
• Guar seed futures also declined by 89 rupees to 6,010 rupees/quintal on NCDEX, attributed to increased supply.

Why It Matters: Global edible oil prices are mostly falling, while coriander and guar seed futures also saw declines.