India s sunflower oil imports are set to decline as prices rally due to increased freight rates. Buyers are shifting to rival vegetable oils available at a discount. Recent Houthi attacks have compelled shipping companies to reroute trade, increasing time and costs. The elevated freight rates have lifted the landed cost of sunflower oil above that of soyoil in India for the first time in nearly a year.
The world's biggest sunflower oil buyer typically sources most of its imports from the Black Sea region via the Red Sea. However, recent Houthi attacks have compelled shipping companies to reroute trade between Europe and Asia around Africa, increasing time and costs.
India s sunflower oil imports
are set to decline in coming months as a rally in prices, driven
by a surge in freight rates, is prompting buyers to shift to
rival vegetable oils available at a.
staff reporter father-son relationship is a special bond which encompasses a wide range of emotions, experiences and expectations. a father invests all his dreams, hopes and ambitions on his son, but observing his
Read about the recent birth of puppies by a pair of Asiatic wolves in Surat. Learn more about the conservation efforts and the importance of breeding in captivity.