India Now Global Edible Oil Trade Driver, Exporters Track Demand: Sandeep Bhan

• India has become the central hub for global edible oil trade, influencing prices and flows worldwide.
• Sandeep Bhan, CEO of SD Guthrie International, highlights India's pivotal role, stating it's the key market for all edible oil complexes.
• Supply sources are diversifying beyond traditional producers like Indonesia and Malaysia, with more nations targeting India.
• Recent import surges were opportunistic due to a significant price gap, making palm oil cheaper than alternatives.
• Future edible oil mix in India will be driven by relative pricing between palm oil and soybean oil, not consumption preferences.