India's palm oil imports hit 14-month high, soyoil purchases set record
- India’s palm oil imports rose 6% in October to 8,66,000 tonnes, highest since August 2025.
- Soyoil imports climbed 6% to a record 6,53,000 tonnes, while sunflower oil shipments doubled to 2,23,000 tonnes.
- Overall edible oil imports increased 13% to 1.74 million tonnes, reaching their highest level in two years.
- Lower prices, festive-season demand and concerns over domestic supplies prompted refiners to increase imports and build stocks.
Source: economictimes.indiatimes.com
Get 100 stories a day on the app
Read, watch & listen · Free on iOS & Android
