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June vegetable oil imports dip 29 per cent
The decline was primarily driven by a sharp fall in palm oil imports, which dropped 10.5% from the previous month as the price gap between palm oil and other edible oils narrowed significantly. Soyabean oil imports also fell 23%. A sharp 18-20% year-on-year increase in international prices of major cooking oils, driven by their diversion for biofuel production and an 11% depreciation of the Indian rupee also weighed on imports.
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thehindubusinessline.com
Indian edible oil imports decline 30% in June as palm and soybean oil shipments fall
India's edible oil imports fell 30% in June 2026 due to decreased demand for palm and soybean oils.
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economictimes.indiatimes.com
India's June vegetable oil imports fall 29% on shrinking palm oil discount: SEA
India's vegetable oil imports dropped significantly in June, reaching the lowest point this oil year. This decline was primarily driven by reduced palm oil purchases, which saw a…
