Cooking Oil Prices Set to Plummet Ahead of Sankranti; India Boosts Palm Oil Imports.

• India, the world's largest cooking oil buyer, increased palm oil imports in November 2025 due to falling global prices.
• Palm oil imports rose by 5% to 632,341 metric tons, while soybean oil fell 18% and sunflower oil plummeted 45%.
• Global palm oil prices are dropping due to increased cultivation and favorable weather in Indonesia and Malaysia.
• Palm oil is significantly cheaper ($100-$200/ton) than soybean and sunflower oil, prompting Indian buyers to switch.
• Total edible oil imports in November fell by 13.3%, but prices are expected to drop in India soon.

Why It Matters: Cooking oil prices are set to drop significantly in India, offering relief to consumers.