📷 Image: Wikimedia Commons / Nico Crisafulli from USA
Business
India's Rising Demand Pushes Soybean Prices Higher Despite Weak Global Oils
✍️ CMB News
🗓 17 Oct 2026, 06:05 AM
👁 17
Strong domestic demand in India has driven up soybean prices, even as global edible oil markets remain soft.
Indian buyers have increased purchases of soybeans, supporting higher prices in the domestic market.
Meanwhile, international edible oil markets, including palm and soybean oil, have shown weakness due to ample supplies and subdued demand.
The contrast between strong local demand and weak global prices has narrowed the gap between domestic and international soybean values.
Market analysts cited by CMB News say the trend may continue unless there is a shift in global oilseed supplies or Indian consumption patterns.
Meanwhile, international edible oil markets, including palm and soybean oil, have shown weakness due to ample supplies and subdued demand.
The contrast between strong local demand and weak global prices has narrowed the gap between domestic and international soybean values.
Market analysts cited by CMB News say the trend may continue unless there is a shift in global oilseed supplies or Indian consumption patterns.