Edible Oil Market

India's vegetable oil imports fell 2 per cent to 3.96 million tonnes in the first quarter of the 2025-26 oil year (November-October) from a year earlier, as lower soybean and sunflower oil purchases offset a rise in palm oil imports, industry data showed on Friday. The world's biggest vegetable oil importer bought 4.05 million tonnes, including edible and non-edible oils, in the same period a year ago, according to the Solvent Extractors Association of India (SEA). Palm oil imports rose 18 per cent to 1.91 million tonnes in the November 2025-January 2026 quarter from 1.62 million tonnes a year earlier, the industry body said in a statement. Port stocks of palm oil stood at 4,86,000 tonnes on February 1, up 33,000 tonnes from the previous month. Crude soybean oil imports fell 9 per cent to 1.20 million tonnes from 1.27 million tonnes, while port stocks declined to 1,90,000 tonnes from 3,00,000 tonnes a month earlier. Crude sunflower oil imports dropped 15 per cent to 7,59,000 ton

India's edible oil production is estimated at 9.6 million tonnes in 2025-26 marketing year, and it will have to import around 16.7 million tonnes of cooking oils to meet domestic demand, according to industry body IVPA. India imports soyabean oil mainly from Argentina and Brazil, while the country imports palm oil from Malaysia and Indonesia. Of the total domestic demand, the country has to import about 60 per cent of the quantity. Addressing a conference in Kuala Lumpur, Indian Vegetable Oil Producers' Association (IVPA) President Sudhakar Desai noted that "global edible oil markets have entered a phase of structural volatility, driven by trade realignments, biofuel mandates and supply rigidity". In a statement on Monday, Desai, who is also the CEO of Emami Agrotech Ltd, said the geopolitical restructuring has altered global trade corridors. Speaking on a topic 'Navigating Structural Shifts in Global Edible Oils: Implications for India', he said, "Small adjustments in duties, ...

About 35,000 to 40,000 tonnes of the commodity from Brazil and Argentina, booked for delivery in February and April-July period, have been scrapped, with total cancellations to exceed 50,000 tonnes

India imported 16 million tonnes of edible oils for nearly Rs 1.61 lakh crore during the 2024-25 marketing year ended October to meet domestic demand, according to industry body SEA. In the 2023-24 marketing year (November-October), India's edible oil imports stood at 15.96 million tonnes worth Rs 1.32 lakh crore, as per the Solvent Extractors' Association of India (SEA) data released on Thursday. The increase in edible oil imports in value terms was 22 per cent because of higher global prices. India imports palm oil from Indonesia and Malaysia while the soyabean oil comes from Argentina and Brazil. "To bridge the gap between supply and demand, India has resorted to imports since 1990s. In the initial period, the import volume was very low. However, in the last 20 years (2004-05 to 2024-25), import volume has increased by 2.2 times while cost of import has gone up nearly 15 times," the association said. In 2024-25, India had to spend nearly Rs 1.61 lakh crore (USD 18.3 billion) in

The research used import duties on palm oil as the reference point, as it constitutes almost 60 per cent of India's annual edible oil imports

CACP has proposed oil-linked MSP for mustard and safflower to incentivise high-yield varieties, reduce edible oil imports, and improve farmers' returns

Overconsumption of sugar, salt and oil often goes unnoticed but can cause serious health problems. Experts stress moderation and healthier food choices to protect your long-term well-being

A DDGS glut is hurting oilmeal demand, lowering oilseed prices, and driving Indian farmers to grow more corn and rice instead of soybeans and groundnuts, despite New Delhi's push to boost output

The government proposes mandatory registration for all vegetable oil producers under a new amendment to the Vegetable Oil Products, Production, and Availability Order of 2011

The Union Food Ministry has drafted a new order to regulate vegetable oil products in India by introducing more modern, transparent, and technologically advanced regulatory provisions, with a stronger emphasis on stakeholder participation and adaptability to industry changes. The 2025 draft Vegetable Oil Products, Production and Availability (VOPPA) Regulation Order seeks to replace the 2011 order, and the ministry has sought public comments on the same by July 11. The 2025 draft order emphasises enhanced monitoring with increased surveillance of edible oil imports, production, stocks, and sales, likely using digital tools for better transparency and control. The earlier order was based on the regulatory environment and technology available at that time, focusing on traditional production, stocking, and reporting methods. The draft aims to streamline registration and compliance, possibly introducing online systems and an updated reporting format. The earlier order required periodic

While exporters have raised prices to nullify duty cuts, concerns over the Israel-Iran conflict, and the expected global diversion of additional vegetable oil for biofuel blending schemes are factors

Gujarat's Kandla Port has pledged to address vessel congestion issues and ensure uninterrupted edible oil supplies, the Indian Vegetable Oil Producers' Association (IVPA) said on Monday. The assurance came during a meeting between industry representatives and Kandla Port Chairman Sushil Kumar Singh, aimed at resolving bottlenecks that have affected imports of palm oil and other edible oils. Singh outlined infrastructure improvements, including new 14-inch pipelines and preparations to handle edible oil at two additional berths with dedicated pipelines, the IVPA said in a statement. The port authority agreed to maintain its existing system of imposing penalty charges for delayed vessel discharges rather than moving ships to outer anchorage for re-berthing, which creates additional costs for importers, the association said. Singh emphasised the need for coordination between port officials and importers to minimise delays after vessels dock, and urged vessel agents to flag potential .

The government had reduced the Basic Customs Duty (BCD) on crude edible oils-specifically crude sunflower oil, soybean oil, and palm oil-from 20 per cent to 10 per cent on 31 May

The government has set a high MSP for soybean, but the near-collapse of the domestic market for oil meal, a key byproduct of soybeans, means farmers may look at alternative crops

Soybean processors say it will hurt oilseed growers, other say will push up domestic refining

New Delhi halved the basic customs duty on crude palm oil, crude soyoil and crude sunflower oil to 10% from earlier 20%, the government said in a notification seen by Reuters

Port and pipeline stocks drop to 1.35 million tonnes; SEA says domestic mustard crushing is active, but CPI shows edible oil inflation hit 17.4% in April

Nestle has appointed Manish Tiwary as managing director for a five-year term starting April 1, 2025. This may lead to a shift in the strategy which is monitorable

Sharp drop in crude oil rates over fears of a recession contributed to softening of the global edible oil markets

ICMR recommends a 12 kg limit, but rising consumption is fuelling obesity, lifestyle diseases, and growing dependence on edible oil imports