On March 1, 2022, the local market saw fluctuations in edible oil prices. globally, the March contracts for palm and olein oil saw an increase, reaching record levels in the Malaysian Stock Exchange. Specifically, the price of sunflower oil rose by approximately 500 pounds per ton, soybean oil by about 100 pounds, corn oil stabilized at 24,000 pounds per ton, and refined soybean oil increased to 28,500 pounds per ton. The consumer prices for these oils varied.