Edible oil import up 39% in November on higher shipment of crude sunflower, soyabean oils: SEA

India's edible oil imports surged 38.5% to 1.59 million tonnes in November 2024, driven by increased shipments of crude sunflower and soybean oils. While palm oil imports dipped, the overall vegetable oil imports rose 40% to 1.63 million tonnes. This shift saw soft oils capturing 47% of the import share, up from 24% in November 2023.