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India palm oil imports slump 27% to one year low on weak demand and rivals
Economy
Published on 4 May 2026
Institutional buyers slowed, and price advantage shrank
India’s palm oil imports fell 27% in April to the lowest in a year as sluggish institutional demand and a narrower price advantage versus competing oils weighed on purchases. The drop may spill into global palm oil futures. At the same time, imports of soyoil and sunflower oil surged, lifting overall edible oil imports to a 2026 high.
- Palm oil imports dropped 27% in April, hitting a one-year low
- Weak institutional demand and tighter price gaps hurt buying
- Soyoil and sunflower oil imports jumped sharply
- Overall edible oil imports reached a 2026 high
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times