India soyoil imports set to rise to record high
Industry officials told Reuters that India’s soyoil imports may surge to a record high in 2025/26 as rallies in rival palm and sunflower oils make soyoil more competitive for price-sensitive buyers.
India's soyoil imports are likely to climb to a record high in the 2025/26 marketing year as rallies in rival palm and sunflower oils make soyoil more competitive for price-sensitive Indian buyers, industry officials told Reuters. Higher soyoil imports would offset a decline in sunflower oil imports, helping keep total edible oil purchases steady, officials said.