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Sunflower Oil Refiners expected to experience 8-10% dip in volume, yet operational margins poised for recovery in FY25
The Business Guardian
|May 06, 2024
Indian refined sunflower oil volumes are projected to witness a decline of 8–10 percent in FY25 amid a decline in demand for sunflower oil.
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According to a report by CRISIL Ratings, domestic consumers have returned to soybean oil after the prices declined following a good soy harvest.
The report further highlights that despite this shift, sunflower oil refiners are expected to experience a 50–60 basis point expansion in profitability, attributed to stable prices, effective hedging policies, and the government’s commitment to continuing duty-free imports.
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