Russia's sunflower oil exports to India forecast to fall 27% as trade shifts toward China
Sodrugestvo Group expects Russia's sunflower oil shipments to India to decline to 1.1 million tons this year from 1.5 million tons a year earlier. Black Sea port disruptions are redirecting discounted exports to China and also hindering Ukrainian supplies to India.
Read the source at The Hindu BusinessLineThe numbers
| Russia next marketing year carryover stocks: | 3 million tons |
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Why it matters to operators and investors
Indian edible-oil brands should diversify sunflower oil sourcing and reassess pricing plans as Russian shipments are forecast to fall 27% and Ukrainian flows face disruption.
What to watch next
- Russian sunflower-oil shipments to India tracking toward 1.1 million tons
- Higher Russian sunflower-oil shipments to China
- Restoration or further disruption of Black Sea port operations
- Changes in Ukrainian sunflower-oil arrivals in India
- Rising Indian edible-oil import costs or retail prices