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Commodity Mid Session News

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(11 Apr 2025, 14:45)

Agri Buzz: SEA says vegetable oil import falls marginally in last five months


The Solvent Extractors’ Association of India has released import data for vegetable oils (edible & non-edible) for March 2025. Imports during the month totalled 998,344 tons, compared to 1,182,152 tons in March 2024, reflecting a 16% decline compared to same month of last year. This includes 970,602 tons of edible oils and 27,742 tons of non-edible oils. In first five months of the oil year 2024-25 (November 2024 – March 2025), total vegetable oil imports reached 5,806,142 tons, marginally down by 0.4% from 5,830,115 tons in the same period last year. During Nov.’24-Mar.’25, 662,890 tons of refined oil (RBD Palmolein) being imported compared to 886,607 tons and 4,976,787 tons of crude oil imported compared to 4,878,625 tons in Nov.’23-Mar.’24. The ratio of refined oil decreased to 12% from 15% due to lesser import of RBD Palmolien, while crude palm oil ratio is increased to 88% from 85% mainly due to increase in import of soybean oil.
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