Search result for 'soybean oil imports'

India's palm oil imports plummeted 65% in January 2025, reaching a 13-year low as buyers opted for cheaper soybean oil. Soybean oil imports more than doubled, while sunflower oil shipments rose 31%.

India's palm oil imports dropped sharply in December as cheaper soybean oil from South America gained market share. Soybean oil imports more than doubled, while palm oil's market share fell to 42%.

India's palm oil imports jumped 74% in May, driven by rising domestic demand. Total vegetable oil imports also increased, with sunflower and soybean oil imports also seeing growth.

India's palm oil imports jumped 34.11% in April, driven by lower global prices, according to the Solvent Extractors' Association of India (SEA).