INTERVIEW: Global conflict, crude rally push India's edible oil costs higher

India’s sunflower oil imports are likely to face the sharpest disruption, followed by soybean oil imports, from the escalating war in the Middle East, with shipping delays and higher insurance costs compounding supply risks from the Black Sea region, a senior industry executive said March 17. Sudhakar Desai, CEO of Emami Agrotech Ltd and president of the Indian Vegetable Oil Producers’India’s sunflower oil imports are likely to face the sharpest disruption, followed by soybean oil imports, from the escalating war in the Middle East, with shipping delays and higher insurance costs compounding supply risks from the Black Sea region, a senior industry executive said March 17. Sudhakar Desai, CEO of Emami Agrotech Ltd and president of the Indian Vegetable Oil Producers’Read More