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SD Guthrie's Sandeep Bhan: India's Demand Shapes Global Edible Oil Trade, Exporters Closely Monitor
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India Now Global Edible Oil Trade Driver, Exporters Track Demand: Sandeep Bhan
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CNBC TV18
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20-02-2026, 16:37
India Now Global Edible Oil Trade Driver, Exporters Track Demand: Sandeep Bhan
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India has become the central hub for global edible oil trade, influencing prices and flows worldwide.
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Sandeep Bhan, CEO of SD Guthrie International, highlights India's pivotal role, stating it's the key market for all edible oil complexes.
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Supply sources are diversifying beyond traditional producers like Indonesia and Malaysia, with more nations targeting India.
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Recent import surges were opportunistic due to a significant price gap, making palm oil cheaper than alternatives.
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Future edible oil mix in India will be driven by relative pricing between palm oil and soybean oil, not consumption preferences.
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