India's edible oil imports drop 30% in June as palm, soybean shipments slump
June 2026 imports fell to 11.11 lt from 15.97 lt a year earlier, led by palm (4.87 lt) and soybean (3.80 lt) oil. CPO prices rose 17% and the rupee slid 11%, signalling mounting input-cost pressure for food and grocery retail categories despite cumulative Nov-June volumes up 7% at 103.88 lt.
India's edible oil imports fell 30% in June 2026 as palm and soybean shipments dropped, while prices rose 14-19% year-on-year and rupee depreciation worried importers—signalling input-cost pressure for food and grocery retail categories.
Also reported by
- BL · Consumer & Economy — Same time