The Economic Times

Israel-Iran war: India rapeseed sales shift to private traders as war lifts edible oil prices

Indian farmers are selling rapeseed to private traders. Market prices are higher than government rates. This is due to a rally in edible oil prices linked to the Iran war. Higher rapeseed oil supplies are limiting edible oil imports. This trend is easing reliance on costly palm oil, soy oil, and sunflower oil imports.