Thu, Aug 15, 2024
India’s edible oil imports declined by 1.6% to 11.94 million tonnes in the first nine months of the 2023-24 marketing year, according to the Solvent Extractors' Association of India. Despite this drop, over 50% of India’s cooking oil demand is still met through imports. Discover the latest trends in oil imports, including changes in palm oil and soft oil volumes.
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Fri, Dec 22, 2023
Change in edible oil import policy... Import of soy oil, CPO at low rates only till 2024... Import of sunflower, RBD palm oil at low rates till 2025... The deadline was ending in March next year.
Sat, Apr 15, 2023
The industry body SEA in a statement said edible oil imports rose to 11,35,600 tonnes in March from 10,51,698 tonnes in the year-ago period. Imports of non-edible oil fell to 36,693 tonnes in March from 52,872 tonnes in the same month last year.
Wed, Feb 15, 2023
The total import of vegetable oils during the first three months of the oil year 2022-23 (November-October) rose 30 per cent to 47,73,419 tonnes compared to 36,71,161 tonnes in the same period last year.
Mon, Nov 14, 2022
India, the world's leading vegetable oil buyer, had imported 131.3 lakh tonnes of edible oils in the 2020-21.
Sat, Jul 16, 2022
The import bill of vegetable oil witnessed an increase of around 21 per cent in 2020-21 over 2019-20, which further increased by 63% in FY22 over FY21.
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