Photographer: Dhiraj Singh/Bloomberg

Cheap Soybeans Threaten Palm Oil's Top Spot in Indian Kitchens

Updated on
  • Soybean oil imports seen at record 4 million tons in 2015-16
  • Palm oil's share shrinks to 61 percent from 90 percent in 2011

Indian housewives and food processors are using more soybean oil than ever, cutting the country’s reliance on palm oil shipped from Southeast Asia.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.