
Indian vegetable oil importers are waiting for details of the India-US trade deal, which could cut tariffs on US soyoil and other farm goods. Current crude vegetable oil imports face a combined duty of 16.5%.
Initial US import quotas are expected to be small.
Limited expected quota size means the deal is unlikely to shift Indian import flows much. South American supply still has a cost advantage, so US soyoil prices gain little.
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.