Russia: India will import up to 3 million tons of vegetable oil before the end of the season

India is traditionally considered a difficult market for exports, but prices for agricultural products in this market are among the most competitive. India is expected to increase imports of vegetable oils to 3 million tons in the current season, and Russia could take a significant share in this market. Independent expert Ilya Ilyushin, in a commentary for the Federal State Budgetary Institution Agroexport, spoke about the export of vegetable oils to India. In a commentary reviewed by sfera.fm, the expert indicated that India is currently the largest buyer of vegetable oils in the world, the volume of imports could grow to 3 million tons, and it is expected that in the 2023/24 season Russia will occupy a significant part of this market. The expert also pointed out that sunflower oil is currently one of the most competitive in terms of price. Due to the price competitiveness of sunflower oil in India, record imports of this product are expected in the current season - about 3 ...