Thursday, March 19
Mumbai: India's sunflower oil imports are expected to drop around a tenth in 2025/26 to a four-year low as a growing price premium over rivals pushes buyers toward cheaper alternatives, trade officials said.As a result, the world's largest importer of vegetable oils is likely to increase imports of palm oil, a shift that could help reduce inventories in top producers Indonesia and Malaysia and support benchmark Malaysian palm oil futures."With sunflower oil prices rising, India is now likely to import only enough to meet its core demand of around 200,000-225,000 metric tons per month," said Aashish Acharya, vice president at Patanjali Foods Ltd, a leading importer of edible oils.Crude sunflower oil from the Black Sea region is currently being offered at about $1,420
