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Indian Edible Oil Buyers Move to Secure Prompt Shipments as Prices Surge

Indian edible‑oil buyers are accelerating shipments as vegetable‑oil prices and freight rates surge, fearing delays from the Middle East conflict. India, the world’s largest importer, is curbing fresh purchases of soy and sunflower oil, which could temper further price spikes but tighten domestic supply in April. Refiners prefer existing lower‑priced inventory over costly overseas buys, while palm oil’s price gap with soy has narrowed dramatically. The potential rerouting of Black Sea cargoes around Africa adds over ten days and $20 per ton to freight costs.