Gaining floor. Per SEA knowledge, soybean oil imports in December elevated to five.05 lakh tonnes in contrast with 3.71 lakh tonnes a 12 months in the past
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inewsistock
Espresso exporters have perked up, tea shippers hope to money in on the low responsibility benefit, spices shippers odor good instances, whereas seafood exporters hope for a giant catch because the impression of the India-US commerce deal sinks in amongst agriculture and allied sectors.
Alongside this optimism, fears are additionally being raised in sure sectors over the commerce deal. Apple growers are apprehensive their returns can be affected, whereas merchants say corn and soybean costs could also be impacted by the import of Dried Distillers Grains with Solubles (DDGS), although many see solely a restricted impression of the decrease of soybean oil tariff.
The US has granted duty-free entry to Indian espresso. Although the US is barely the tenth largest purchaser of Indian espresso, the deal could possibly be a constructive for India. Shipments of speciality coffees are more likely to rebound whereas immediate coffees might make additional inroads into the US market with the responsibility decreased to zero from 25 per cent.
Edge over China
Indian tea will get zero-duty entry to the US market, giving it an edge over China. Shippers, nevertheless, don’t see a lot scope to develop the export considerably within the short-term within the US.
Marine merchandise exports to the US are anticipated to regain the market following the commerce deal.
The Seafood Exporters Affiliation of India mentioned the quantum of exports to the US will surge and anticipates a robust rebound.
Spices exporters now discover a level-playing subject with shippers from Vietnam, Indonesia and Cambodia. They, nevertheless, need an finish to the non-tariff obstacles.
Import worries
India could allow as much as one lakh tonnes of apples from the US at a concessional tariff of 25 per cent. Growers are apprehensive that they might be affected however authorities officers and a piece of the commerce have allayed these fears.
The import of DDGS might result in decrease soybean and corn costs, however India could impose a cap of 5 lakh tonnes.
Merchants say at present costs, DDGS imports won’t have an effect on Indian soymeal or corn costs.
India imports over 15 million tonnes of edible oils. Permitting soybean oil from the US at a decrease responsibility will put stress on different sources corresponding to Argentina, say business leaders.
Revealed on February 9, 2026
