India’s edible oil imports in February plunged to their lowest level in four years. Lower-than-normal imports have depleted stocks in the world’s biggest buyer of vegetable oils. This could force India to increase purchases in the coming months, supporting Malaysian palm oil prices and US soyoil futures. Edible oil stocks in India have fallen by 14% from a month ago to 1.87 million tons on March 1, the lowest in more than three years, according to the Solvent Extractors’ Association of India (SEA) The country’s palm oil imports last month rose 35.7% from January to 373,549 metric tons, the SEA said in a statement. The country imported an average of more than 750,000 tons of palm oil every month in the marketing year that ended in October 2024, it said. The SEA said India buys palm oil mainly from Indonesia, Malaysia and Thailand, while it imports soYoil and sunflower oil from Argentina, Brazil, Russia and Ukraine.