US soybean oil may eat into Argentina, Brazil share
- Posted on February 9, 2026
- By Financial Express
- 5 Views
US soybean oil may eat into Argentina, Brazil share
India’s move to cut or eliminate import duties on soybean oil from the US could partly shift its import dependence away from Argentina and Brazil, but higher freight costs and final duty structures will determine volumes, with industry bodies urging safeguards to protect domestic oilseed farmers and non-GMO norms.
