The crop size of nine major oilseeds of the rabi season has decreased by slightly over 20 per cent to 161.3 lakh tonnes from 202.4 lakh tonnes from last year.
Overall vegetable oil availability also decreased by 17.6 per cent to 55.4 lakh tonnes from 67.2 lakh tonnes from last year, according to Solvent Extractors Association of India.
These were trade estimates of production and marketable surplus of rabi oilseeds and the availability of vegetable oils during the oil year 2002-03 which were agreed upon at the 24th All India Seminar on Oilseeds & Oil Trade and Industry held recently at Jaipur.
The rapeseed and mustard crop would slump to 41.5 lakh tonnes from 47 lakh tonnes last year, down by 11.7 per cent.
Including toria, the total crop is estimated at 43 lakh tonnes against last year
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app