Commodities

India's August soybean oil imports are expected to rise to a record 620k tonnes, according to trade sources

StockNow breaking-news AI analysis

India expects record August soybean oil imports of 620k tonnes and has booked 1.4mln tonnes through December, as conflict-related sunflower oil delays force a shift in edible oil sourcing.

News detail

India has booked 1.4mln tonnes of soybean oil for September–December shipment. About 150k tonnes of sunflower oil bound for India have been delayed due to the Russia–Ukraine conflict.

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