Sunflower oil futures slipped below $1,575 per tonne, retreating from a near four-year high of $1,644 reached on March 16, as weakening demand in key importing countries offset still-elevated global prices. In India, the world’s largest vegetable oil buyer, imports are being cut sharply as the Iran war drives up energy costs and triggers fuel shortages that are weighing on consumption. LPG shortages have forced the food-service sector to scale back operations or switch to alternative fuels, curbing demand for cooking oils. Monthly demand is estimated to be falling by 250,000 to 300,000 tonnes, with risks of further declines if disruptions persist. At the same time, import costs have surged around 25% due to higher freight, currency weakness and logistics expenses, while domestic prices have climbed as much as 17%. Imports eased to about 1.2 million tonnes in March, and buying remains cautious as consumers avoid stockpiling at elevated price levels.
Sunflower Oil fell to 1,555.50 INR/10 kg on April 23, 2026, down 0.02% from the previous day. Over the past month, Sunflower Oil's price has fallen 3.52%, but it is still 17.69% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Sunflower Oil reached an all time high of 2400 in March of 2022. This page includes a chart with historical data for Sunflower Oil. Sunflower Oil - data, forecasts, historical chart - was last updated on April 24 of 2026.
Sunflower Oil fell to 1,555.50 INR/10 kg on April 23, 2026, down 0.02% from the previous day. Over the past month, Sunflower Oil's price has fallen 3.52%, but it is still 17.69% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Sunflower Oil is expected to trade at 1575.11 INR/10 kg by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 1612.93 in 12 months time.