Palm oil edged higher in overnight trading. Market attention remains on the DSI rumors from yesterday. On the spot side, domestic basis quotes were mostly steady across regions, with overall range-bound movements and only moderate trading volumes. The domestic market is largely in a wait-and-see mode. Shipment profit margins improved on a month-on-month basis, with one new vessel purchase booked yesterday. Future shipment schedules and profit dynamics warrant close monitoring. Indonesia's B50 mandate, Malaysia's potential blending ratio increase, and El Nio-related production cut expectations continue to provide firm support for forward months. For now, the near-term weak versus long-term strong pattern persists, and prices are likely to maintain a mildly bearish range-bound trend.