Palm oil imports up

India’s palm oil imports rose 4.6% month-on-month in November 2025 to 630,000 metric tons, according to estimates from dealers, as lower prices prompted refiners to increase purchases of the tropical oil while cutting back on more expensive soyoil and sunflower oil. Higher palm oil imports by India, the world’s largest buyer of vegetable oils, could help top producers Indonesia and Malaysia reduce their stocks and support benchmark Malaysian palm oil futures, while putting pressure on US soyoil futures. Meanwhile, soyoil imports fell 12% to 400,000 tons and sunflower oil imports slid 44% to a two-year low of 145,000 tons, according to dealer estimates. India’s total edible oil imports in November slipped 11.5% to a seven-month low of 1.18 million tons from a month earlier due to lower imports of soyoil and sunflower oil, as per a report.

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