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India's vegetable oil imports up 8% on year in May, says SEA
This story was originally published at 17:34 IST on 12 June 2026
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--SEA: India May vegetable oil imports 1.37 mln tn vs 1.27 mln tn yr ago
--SEA: India May edible oil imports 1.34 mln tn vs 1.25 mln tn yr ago
--SEA: India May crude palm oil imports 546,456 tn vs 505,744 tn yr ago
--SEA: India did not import any RBD palmolein in May vs 80,652 tn yr ago
--SEA: India May crude soyoil imports 493,854 tn vs 398,585 tn yr ago
--SEA: India May sunflower oil imports 295,726 tn vs 183,555 tn yr ago
--SEA: India Nov-May crude palm oil imports 4.5 mln tn vs 2.5 mln tn yr ago
--SEA: India Nov-May sunflower oil imports 1.8 mln tn vs 1.7 mln tn yr ago
--SEA: India Nov-May crude soyoil imports 2.6 mln tn vs 2.7 mln yr ago
--SEA: India Nov-May RBD palmolein imports 47,270 tn vs 826,800 tn yr ago
--SEA: India Nov-May edible oil imports 9.2 mln tn vs 8.1 mln tn yr ago
--SEA: India Nov-May veg oil imports 9.4 mln tn vs 8.3 mln tn year ago
--SEA:India Jun 1 edible oil stocks at ports 939,000 tn vs 685,000 tn yr ago
--SEA: India Jun 1 edible oil stock in pipeline 1.3 mln tn vs 648,000 tn
MUMBAI – India's import of vegetable oils, comprising edible and non-edible oils, rose 8% to 1.37 million tonnes in May from 1.27 million tonnes a year ago, according to data released by the Solvent Extractors' Association of India Friday. Total edible oil imports in May rose to 1.34 million tonnes from 1.25 million tonnes a year ago.
Imports of crude palm oil in May rose to 546,456 tonnes from 505,744 tonnes a year ago. Crude soyoil imports rose to 493,854 tonnes in May from 398,585 tonnes a year ago, while crude sunflower oil imports increased to 295,726 tonnes from 183,555 tonnes, the association said.
India's edible oil imports in May increased by 2.4% from a month ago, driven primarily by higher crude soybean oil imports as the price premium of soybean oil over palm oil narrowed, improving soybean oil's competitiveness, SEA said.
Crude palm oil imports during Nov-May were 4.5 million tonnes compared with 2.5 million tonnes a year ago, it said. India's crude soyoil import during the same period fell to 2.6 million tonnes from 2.7 million tonnes a year ago, according to the association. During Nov-May, the country imported 1.8 million tonnes of sunflower oil, up from 1.7 million tonnes a year ago.
Effective Jun. 1, the government has revised import tariff values, raising the tariff value of crude palm oil to $1,218 per tonne and RBD Palm Oil to $1,222 per tonne, while slightly reducing the tariff value for crude soybean oil, SEA said.
Indonesia and Malaysia were the dominant suppliers of palm oil to India. Argentina emerged as the largest supplier of soybean oil, followed by Brazil. Russia, Argentina and Ukraine were the major sources of sunflower oil imports, SEA said.
As of Jun. 1, domestic edible oil stocks at ports were 939,000 tonnes, up from 685,000 tonnes a year earlier. Pipeline stocks rose to 1.3 million tonnes from 648,000 tonnes, the association said.
The following table details edible oil imports in May, in tonnes, compared with year-ago levels, with the change in percentage, according to data from the SEA:
|
Edible oil |
May 2026 |
May 2025 |
Change (in %) |
|---|---|---|---|
| Crude palm oil | 546,456 | 505,744 | 8.0 |
| RBD palmolein | 0 | 80,652 | - |
| Crude soyoil | 493,854 | 398,585 | 23.9 |
| Crude sunflower oil | 295,726 | 183,555 | 61.1 |
| Total (vegetable oils) | 1,365138 | 1,266, 923 | 7.8 |
End
Reported by Abhijit Doshi
Edited by Saji George Titus
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