The USDA supply and demand data leaned bearish, with Brazilian soybean production and global soybean stocks continuing to be revised upward. However, CBOT soybean and soybean oil futures prices rose instead. On the domestic front, edible oil futures prices showed weak and volatile trading. The European Commission plans to phase out biofuels made from palm oil and soybean oil, which has weighed on palm oil, but rapeseed oil has not benefited from this and risen. Before the holiday, the market is expected to fluctuate within a narrow range, with subdued trading activity in the spot market.