Indian Importers Cancel Orders for 80,000 Tonnes of South American Soybean Oil
28-Feb-2026 08:26 AM
Indian Importers Cancel Orders for 80,000 Tonnes of South American Soybean Oil
★ Due to higher international prices, Indian importers preferred selling the cargoes overseas instead of importing them, as they were getting better prices in the global market.
★ Earlier as well, India had cancelled 35–40 thousand tonnes of soybean oil deals because of elevated prices.