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Indian palm oil imports rose 6% month-on-month to 866,000 tons in October, the highest since August 2025. Soyoil imports reached an all-time peak of 653,000 tons, and sunflower oil shipments doubled from a four-year low.
Refiners stepped up buying as prices fell, ahead of the Diwali festive season.
Stronger Indian demand for palm and soyoil can draw down Malaysian and Indonesian stock growth and support benchmark palm futures. Lower prices at the time of buying encouraged the purchases, so the demand response is a supportive factor for vegetable oil prices.
thehindubusinessline.comReutersNov 4, 2026After 133 past bullish trade events, Palm Oil moved a median +0.7% over 5 sessions (64% higher; middle half -0.8% to +2.3%), and +1.7% over 20.
After 224 past bullish trade events, Soybean Oil moved a median +0.4% over 5 sessions (54% higher; middle half -1.5% to +2.1%), and -0.5% 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.
