India’s Edible Oil Imports Surge Amid Festival Season Demand

India’s edible oil imports have surged to a four-month high, driven by increased demand during the festival season. Key imports include palm oil, soyoil, and sunflower oil, with notable spikes of 20% and 43% respectively. As celebrations like Dussehra and Diwali boost consumption, this trend highlights the importance of global trade in meeting India’s edible oil needs. Market dynamics are expected to shift post-festival, influencing pricing and sourcing strategies.