# Soy Oil Rallies as India Agrees to Cut Duties on US Supplies

> India agreed to cut or eliminate import duties on a range of US farm products, including soybean oil, according to a joint statement on an interim trade framework released in the US. Soybean oil rose to its highest level in more than six months on expectations of higher Indian purchases.

- Date: 2026-03-01 · published 2026-03-01T12:00:00.000Z
- Category: trade · region India · magnitude medium
- Page: https://feedsoft.ai/events/20702-soy-oil-rallies-as-india-agrees-to-cut-duties-on-us-supplies
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Lower Indian duties could pull US soyoil into a major importing market, supporting US soyoil prices and demand. The effect depends on whether US supplies can compete with cheaper South American oil after freight.

## Read by commodity

- SBO: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2022-02-25 | [India Turns to US for Soybean Oil as Global Supplies Tighten](https://feedsoft.ai/events/42787-india-turns-to-us-for-soybean-oil-as-global-supplies-tighten.md) | +3.6% | -2.1% |
| SBO | 2024-07-02 | [Soy Oil Rallies on Prospect for Indonesia, China Trade Spat](https://feedsoft.ai/events/12747-soy-oil-rallies-on-prospect-for-indonesia-china-trade-spat.md) | +6.0% | +0.7% |
| SBO | 2022-03-02 | [India asks Indonesia to raise palm oil supply as prices spike - sources \| Reuters](https://feedsoft.ai/events/42376-india-asks-indonesia-to-raise-palm-oil-supply-as-prices-spike-sources-reuters.md) | +1.5% | -5.7% |
| SBO | 2017-05-05 | [Soyoil prices could gain 20% from US duties on](https://feedsoft.ai/events/71091-soyoil-prices-could-gain-20-from-us-duties-on.md) | -0.2% | -4.1% |
| SBO | 2026-05-26 | [US buying and vegetable oil price rallies push month-on-month…](https://feedsoft.ai/events/19399-us-buying-and-vegetable-oil-price-rallies-push-month-on-month.md) | +2.8% | -2.8% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2026-02-09/soy-oil-rallies-as-india-agrees-to-cut-duties-on-us-supplies

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.