Edible Oil
Price trends, demand-supply drivers and analysis for Edible Oil. Tracking 2 stories on Arth Vani.
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Latest on Edible Oil
BreakingFestive Demand Drives India's Edible Oil Imports to 1.74 Million Tons in October
India's edible oil imports surged by 13% in October, reaching 1.74 million metric tons, fueled by robust demand during the festive season. This increase included a 14-month high for palm oil purchases and a record volume for soyoil, as the country sought to bolster supplies amidst domestic concerns and El Nino effects.
India's Soyoil Imports to Hit Record ₹5,000 Crore in August Amid Ukraine War
India is projected to import a record 620,000 metric tons of soyoil in August, a 46% increase over the monthly average. This surge is driven by competitive prices and disruptions to sunflower oil shipments from the Black Sea region, as refiners stock up for upcoming festive demand.
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