India relies heavily on the import of crude sunflower oil, particularly from Ukraine and Russia, which is why it reacts sensitively to global disruptions in supply.
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The demand for refined sunflower oil in India in the 2026 fiscal year may decrease by approximately 10%. The main reasons are logistics disruptions and rising prices due to the conflict in Western Asia. This is stated in a report by Crisil Ratings, writes Tribune India. Read all news of the elevator market in our Telegram channel Consumers are expected to switch to cheaper alternatives, including rice and soybean oil. Due to geopolitical tensions, ships are forced to take longer routes, including around the Cape of Good Hope. This increases delivery times and transportation costs. Additionally, war risk insurance premiums are rising, further increasing the cost of imported crude sunflower oil for Indian processors. Against this backdrop, retail prices for refined sunflower oil in India have risen to 170–175 rupees per liter from around 150 rupees in January. Meanwhile, soybean and rice oil remain cheaper by 10–20 rupees per liter, which may cause a partial shift in demand. Despite ...