# Exclusive: India's palm oil imports to hit 5-year low in Jan on negative margins, sources say

> India's palm oil imports are expected to fall to a near five-year low in January, according to government and industry sources. Negative refining margins and palm oil's premium over rival oils are pushing Indian buyers toward cheaper soyoil.

- Date: 2025-01-16 · published 2025-01-16T12:00:00.000Z
- Category: trade · region India · magnitude medium
- Page: https://feedsoft.ai/events/26605-exclusive-india-s-palm-oil-imports-to-hit-5-year-low-in-jan-on-negative-margins
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Lower Indian palm demand weighs on Malaysian and Indonesian palm prices, while the shift to soyoil supports soybean oil demand and prices.

## Read by commodity

- SBO: bullish ▲
- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2023-05-03 | [India’s Palm Oil Imports Hit 14-month Low, Said Dealers](https://feedsoft.ai/events/4380-india-s-palm-oil-imports-hit-14-month-low-said-dealers.md) | +9.2% | +2.0% |
| PALMOIL | 2025-02-26 | [Palm oil imports to hit 5-year low amid price shifts, rising output \| Industry News - Business Standard](https://feedsoft.ai/events/26147-palm-oil-imports-to-hit-5-year-low-amid-price-shifts-rising-output-industry.md) | -5.5% | -2.7% |
| PALMOIL | 2020-05-05 | [Palm oil imports by no. 1 buyer seen tumbling to nine-year low](https://feedsoft.ai/events/11550-palm-oil-imports-by-no-1-buyer-seen-tumbling-to-nine-year-low.md) | +2.3% | +18.9% |
| PALMOIL | 2020-02-14 | [India's curbs on Malaysian palm imports stir up edible oil trade](https://feedsoft.ai/events/54691-india-s-curbs-on-malaysian-palm-imports-stir-up-edible-oil-trade.md) | -0.5% | -15.3% |
| PALMOIL | 2021-04-05 | [Malaysia's 2021 crude palm oil exports to surge 24.4% on year: MPOC](https://feedsoft.ai/events/47465-malaysia-s-2021-crude-palm-oil-exports-to-surge-24-4-on-year-mpoc.md) | +0.4% | +4.8% |
| SBO | 2023-05-03 | [India’s Palm Oil Imports Hit 14-month Low, Said Dealers](https://feedsoft.ai/events/4380-india-s-palm-oil-imports-hit-14-month-low-said-dealers.md) | +1.9% | -7.9% |
| SBO | 2025-02-26 | [Palm oil imports to hit 5-year low amid price shifts, rising output \| Industry News - Business Standard](https://feedsoft.ai/events/26147-palm-oil-imports-to-hit-5-year-low-amid-price-shifts-rising-output-industry.md) | -5.7% | -5.1% |
| SBO | 2020-02-14 | [India's curbs on Malaysian palm imports stir up edible oil trade](https://feedsoft.ai/events/54691-india-s-curbs-on-malaysian-palm-imports-stir-up-edible-oil-trade.md) | -0.3% | -15.0% |

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/indias-palm-oil-imports-hit-5-year-low-jan-negative-margins-sources-say-2025-01-16/

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