India in 2025/26 MY may increase palm oil imports and reduce supplies of soybean and sunflower oil.

According to analysts' forecasts, India will increase its food imports in the 2025/26 marketing year by 4.6% compared to the previous season to a record 17.1 million tons, primarily palm oil, which will reduce stocks in the world's largest palm oil producers—Indonesia and Malaysia—and support palm oil futures on the Malaysian exchange. Palm oil imports are expected to grow by 13.4% to 9.3 million tons, while soybean oil imports will decrease to 5 million tons and sunflower oil to 2.7 million tons (compared to 3 million tons in 2024/25). It should be noted that India buys palm oil mainly from Indonesia and Malaysia, and soybean and sunflower oil from Argentina, Brazil, Russia, and Ukraine. The growth of global palm oil production is slowing down, and in the 2025/26 marketing year, the increase is expected to be only 1 million tons, despite the increase in demand for food products ...