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RBD Palm Olein
$1207.5
Soybean Oil — Chicago (CBOT)
$441
Soybean Oil — Dalian (DCE)
$744
Sunflower Oil — FOB Black Sea
$1,370
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NewsOils and Fats Sector Coverage

India's Ukrainian Sunflower Oil Imports Hit Record Levels This Season Despite Global Decline

Fats and oils processing
August 20, 2026
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زيت النخيل أصبح وقودا لسيارات السباقات

In July of the 2024/25 marketing year, Ukraine exported 464,000 tonnes of sunflower oil, up 47% from June, marking one of the highest monthly export volumes of the season, according to APK-Inform. The main driver of this growth was the European Union, which imported 206,000 tonnes, up 43% from June.

India also continued to increase its purchases, with July shipments reaching 121,000 tonnes — the highest level since November 2023. Over the first eleven months of the season, Ukraine exported 4.58 million tonnes of sunflower oil, down 24% year-on-year and the second-lowest level since the 2016/17 season.

From September to July, shipments to India totalled 767,000 tonnes, up 55% from the same period last season and the highest level since the outbreak of the war. Ukraine's share of the Indian market rose to 23%, compared with 12% a year earlier, while Russian oil remained in the lead with a 58% share, and Argentina held steady at 12–13% despite a 30% drop in its export volumes.

Overall, India cut its sunflower oil imports during the September-to-July period to 2.28 million tonnes, down 22% due to reduced supplies from the Black Sea region, but it raised its soybean oil imports to 3.76 million tonnes, up 59%, thanks to more competitive prices.

Source: APK-Inform