India’s 2025-26 soyabean imports seen hitting record 1 million tonnes as domestic supply tightens
AI Market Summary
India's soyabean imports are projected to reach a record ~1mt in 2025-26 amid weaker monsoon, reduced acreage, and a domestic supply shortfall. SOPA expects lower production and crushing, tightening meal availability and supporting elevated local prices. The shift from exporter to sustained importer signals firmer import demand, though expanding processing capacity in African supplier nations could constrain exportable supply later.
Impact level
● Medium
Affected assets
NCCOSOYBEANS2USD/USDT+0.06%
AI Insight · NCCOSOYBEANS2USD/USDTAI Insight
▲ Bullish
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India’s 2025-26 oil-year soyabean imports are expected to reach a record 1 million tonnes as domestic supplies fall short. Imports in October-August have already reached 9.34 lakh tonnes, according to the Soyabean Processors Association of India (SOPA). The group also cut its harvested-area estimate to 10.5 million hectares, down 6% from its earlier forecast.
