India’s edible oil imports reached a four-year low in February 2025, with soyoil and sunflower oil imports declining significantly, leading to the lowest inventory levels in three years. Despite a 35.7% increase in palm oil imports from January, the overall vegetable oil imports dropped 12% year-on-year to 899,565 metric tons. This has reduced edible oil…
India’s palm oil imports reached a 14-year low in January, dropping 45% from December to 275,241 metric tons. This decline was primarily driven by refiners shifting to cheaper soyoil due to negative refining margins. This shift will pressure Malaysian palm oil prices and boost U.S. soy oil futures. In contrast, soy oil imports rose 5.6%…
India’s palm oil imports fell by over 33% in September, reaching a six-month low of 527,314 metric tons. This was primarily due to rising domestic stocks and a rally in Malaysian palm oil prices, which discouraged buyers from importing large volumes. The Solvent Extractors’ Association of India (SEA) reported a decline in overall vegetable oil…
Even though shipments into the country climbed by 22% during that time, the palm group of oils remained to dominate the vegetable oil import basket, making up 63% of all imports from November 2022 to March 2023 of the current oil year to October. Data from the Solvent Extractors’ Association of India (SEA) show that…
