# Edible oil prices remain steady during festive season: Experts

> Wholesale edible oil prices in the city remained steady during the peak festive season compared with October. Traders attributed the price restraint to India’s late-September cuts in import duties on crude and refined sunflower, soybean, and palm oils.

- Date: 2026-11-11 · published 2026-11-11T09:10:00.398Z
- Category: policy · region India · magnitude low
- Page: https://feedsoft.ai/events/93273-edible-oil-prices-remain-steady-during-festive-season-experts
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Lower import duties make imported oils more competitive and have limited domestic price increases; this is bearish for Indian soybean and palm oil prices relative to a higher-duty scenario.

## Read by commodity

- SBO: bearish ▼
- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2024-12-19 | [Edible oil prices tumble on US ethanol plan and record soybean supplies](https://feedsoft.ai/events/27051-edible-oil-prices-tumble-on-us-ethanol-plan-and-record-soybean-supplies.md) | -0.1% | +9.1% |
| SBO | 2017-06-01 | [Anti-dumping taxes fear for soybean oil prices](https://feedsoft.ai/events/70581-anti-dumping-taxes-fear-for-soybean-oil-prices.md) | +0.1% | +2.5% |
| SBO | 2026-04-24 | [Russian govt increases base prices for sunflower oil, meal for calculating export duties](https://feedsoft.ai/events/19823-russian-govt-increases-base-prices-for-sunflower-oil-meal-for-calculating.md) | +3.9% | +0.6% |
| SBO | 2026-10-01 | [Rising biodiesel imports cap US soybean oil prices](https://feedsoft.ai/events/17543-rising-biodiesel-imports-cap-us-soybean-oil-prices.md) | +1.8% | +3.3% |
| SBO | 2023-11-27 | [Soybean oil prices fall 4% amid possible reduction in demand from the biodiesel industry](https://feedsoft.ai/events/33251-soybean-oil-prices-fall-4-amid-possible-reduction-in-demand-from-the-biodiesel.md) | -0.2% | -4.1% |
| PALMOIL | 2024-12-19 | [Edible oil prices tumble on US ethanol plan and record soybean supplies](https://feedsoft.ai/events/27051-edible-oil-prices-tumble-on-us-ethanol-plan-and-record-soybean-supplies.md) | -0.1% | -11.2% |
| PALMOIL | 2025-01-04 | [Edible Oil Prices in 2025: Palm Oil Drops, Check Latest Mustard and Soybean Oil Rates](https://feedsoft.ai/events/26620-edible-oil-prices-in-2025-palm-oil-drops-check-latest-mustard-and-soybean-oil.md) | +0.3% | +0.2% |
| PALMOIL | 2023-06-28 | [Commodity trade: CPO price projection, ready to heat up during the remainder of the year?](https://feedsoft.ai/events/35583-commodity-trade-cpo-price-projection-ready-to-heat-up-during-the-remainder-of.md) | +9.6% | +13.5% |

## Sources

- thehitavada.com: https://www.thehitavada.com/Encyc/2026/11/11/edible-oil-prices-remain-steady-during-festive-season-experts.html

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