After the Ukraine crisis, Russia and Argentina have emerged as major suppliers of sunflower oil to India as imports of the cooking oil jumped 89.6 per cent to 1.35 lakh tonnes in August, according to Solvent Extractors Association. India, the world's leading vegetable oil buyer, is dependent on imports of sunflower oil, which constitutes 16 per cent of the total edible oil
The global cooking oil market is expected to flourish immensely by 2028 due to growing penetration of processed foods and strategic alliances among key.
After Russia, Ukraine, and Turkey entered into an agreement to supply food items to the global markets, the sunflower oil prices are all set to fall during the festive season due to shipments resuming., , sunflower oil, sunflower oil shipments, festive season, ukraine, russia, turkey, ukraine shipments