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The Hindu Business Line

India soybean imports hit 7.77 lakh tonnes by end-June; SOPA sees 9 lakh tonnes in 2025-26

AI Market Summary
India's soybean imports surged to 7.77 lakh tonnes by end-June versus 2,000 tonnes last season as domestic arrivals and supplies lag, prompting SOPA to lift full-year import expectations to 9 lakh tonnes. Soymeal export estimates were cut as higher local prices and firm feed demand redirect supply to the domestic market. The data point signals tighter regional balance sheets and stronger import-linked demand for soybeans in the near term.
Impact level
● Medium
Affected assets
NCCOSOYBEANS2USD/USDT-0.57%
AI Insight · NCCOSOYBEANS2USD/USDTAI Insight
▲ Bullish
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India’s soybean imports in the 2025-26 oil year (October-September) rose to 7.77 lakh tonnes by the end of June, compared with 2,000 tonnes in the previous season. The Soybean Processors Association of India (SOPA) has estimated full-year imports at 9 lakh tonnes. It also expects soybean meal exports to ease to 10 lakh tonnes from 20.23 lakh tonnes last season, citing higher domestic prices.
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