India's edible oil imports up 13% in Nov-May; soybean oil surges as palm premium narrows
Edible oil imports hit 92.17 lt in Nov-May 2025-26, led by a May spike in crude soybean oil (4.93 lt) as CPO prices rose 22%. Palm imports rebounded to 5.49 lt while refined palmolein collapsed on duty differential. Rupee weakness (-12%) and Nepal inflows (2.80 lt) add pressure on domestic refiners.
India's edible oil imports rose 13.35% to 92.17 lt in Nov-May 2025-26, led by crude soybean oil surge in May as price premium over palm narrowed. Palm imports jumped sharply; refined palmolein imports collapsed due to duty differential.