Indian vegetable oil buyers are set to receive about 30,000-40,000 mt of Russian-origin sunflower oil in March with shipments from largest supplier Ukraine still stuck at ports due to the war, traders told S&P Global Commodity Insights March 23. “Buyers are not confident about banking sanctions but one vessel of around 15,000-18,000 mt of SFO .
Anxious Indian buyers, with no clarity on sunflower oil shipments out of Ukraine, are turning to crude palm oil from Malaysia to fulfill demand ahead of month-long Ramadan which starts in early April, industry sources told S&P Global Platts. “Panic at destinations specially at India about the supply chain is resulting in buyers looking to .