News Capsule: India’s Edible Oil Market Shifts to Supply-Driven Imports: Bhavna Shah
27-Apr-2026 03:33 PM
News Capsule: India’s Edible Oil Market Shifts to Supply-Driven Imports: Bhavna Shah
★ According to Bhavna Shah, Vice President of IVPA, India’s edible oil import strategy is shifting from price-led to supply-driven due to climate risks, geopolitical tensions, and energy market dynamics.
★ In March 2026, imports rose 11% to 1.19 million tonnes, while the two-month average declined 12% بسبب high prices. Overall imports remain range-bound at 15–17 million tonnes.
★ Weak monsoon, high crude oil prices, and strong biofuel demand may keep the market slightly bullish. Palm oil is expected to retain dominance, while sunflower oil demand remains firm.
★ India imports around 60% of its edible oil requirement, maintaining its position as a key global buyer.