Argentina became India's largest vegetable oil supplier in the 2025-26 marketing year, with 3.44 million tonnes of edible oil imported from November 2025 to September 2026. That volume exceeded Malaysia's 2.98 million tonnes and Indonesia's 2.91 million tonnes, according to the Solvent Extractors' Association of India.
Argentine soybean and sunflower oil gaining share in India shifts import competition away from Malaysian and Indonesian palm oil. The effect on prices is modest, but it reflects strong Indian demand for South American oils.
After 81 past neutral trade events, Soybean Oil moved a median +0.3% over 5 sessions (56% higher; middle half -1.6% to +1.8%), and +0.9% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.