Data Alert
India Aug vegetable oil imports 1.56 mln tn, dn 16% YoY
This story was originally published at 19:04 IST on 12 September 2024
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--SEA: India Aug vegetable oil import 1.56 mln tn vs 1.87 mln yr ago
--SEA: India Aug edible oil import 1.54 mln tn vs 1.85 mln tn yr ago
--SEA:India Aug crude palm oil import 700,711 tn vs 824,224 tn yr ago
--SEA: India Aug RBD palmolein import 92,130 tn vs 283,234 tn yr ago
--SEA: India Aug crude soyoil import 454,639 tn vs 357,890 tn yr ago
--SEA: India Aug sunflower oil import 284,108 tn vs 365,870 tn yr ago
--SEA: India Nov-Aug veg oil import 13.7 mln tn vs 14.1 mln tn yr ago
--SEA: India Nov-Aug edible oil import 13.5 mln tn vs 13.9 mln yr ago
--SEA: India Nov-Aug crude palm oil import 5.9 mln tn vs 6.2 mln tn
--SEA: India Nov-Aug RBD palmolein import 1.6 mln tn vs 1.9 mln tn
--SEA: India Nov-Aug crude soyoil import 2.7 mln tn vs 3.2 mln yr ago
--SEA: India Nov-Aug sunflower oil import 3.1 mln tn vs 2.5 mln tn
--SEA: India edible oil stock at ports as of Sep 1 at 1.04 mln tn
--SEA: India edible oil stock in pipeline as of Sep 1 at 1.88 mln tn
MUMBAI – India's vegetable oil imports declined 16.2% on year to 1.56 mln tn in August, the Solvent Extractors' Association of India said today. The vegetable oil imports in August consisted of 1.53 mln tn of edible oils and 27,100 tn of non-edible oils, the association said. Edible oil imports in August fell 17% on year.
India is the world's largest importer of edible oils.
The cumulative import of vegetable oils in Nov-Aug, the first ten months of the current oil year ending October, declined 3% to 13.7 mln tn from 14.1 mln tn during the same period of last year, the association said.
Import of crude palm oil in August fell 15% on year to 700,711 tn, while refined, bleached and deodorised palmolein declined 67.4% to 92,130 tn. Imports of crude soyoil in August were up 27% on year at 454,639 tn. More
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