Govt ups base import price of most edible oils $18-$42/tn; soyoil cut by $22
This story was originally published at 22:01 IST on 31 December 2025
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--Govt ups crude palm oil base import price to $1,077/tn from $1,035/tn
--Govt ups RBD palm oil base import price to $1,095/tn from $1,076/tn
--Govt ups crude palmolein base import price to $1,100/tn from $1,082/tn
--Govt ups RBD palmolein base import price to $1,103/tn from $1,085/tn
--Govt cuts crude soyoil base import price to $1,162/tn from $1,184/tn
NEW DELHI - The government has increased the base import price of most edible oils in the range of $18-$42 per tonne, and reduced the base import price of crude soyoil by $22 per tonne, the Central Board of Indirect Taxes and Customs said in a notification on Wednesday. The revised rates will come into effect on Thursday.
The Centre levies import duty ad valorem and reviews base import prices, depending on changes in global prices and foreign exchange rates. The government normally revises base import prices of edible oils every fortnight, and these are used to calculate the duty on these commodities being brought into the country. The base import prices of edible oils were last revised on Dec. 15.
India is the largest importer of edible oils. Palm oil accounts for the bulk of the country's imports, with most of it purchased from Indonesia, Malaysia, and Thailand, which are the top producers of the commodity.
The following table details the base import prices of edible oils compared with the previous levels, in dollars per tonne, and the revision in absolute terms in dollars:
| EDIBLE OIL | Dec. 31 | Dec. 15 | CHANGE |
| Crude palm oil | 1,077 | 1,035 | 42 |
| RBD palm oil | 1,095 | 1,076 | 19 |
| Crude palmolein | 1,100 | 1,082 | 18 |
| RBD palmolein | 1,103 | 1,085 | 18 |
| Crude soyoil | 1,162 | 1,184 | (-)22 |
End
US$1 = INR 89.87
IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT
Reported by Afra Abubacker
Edited by Vandana Hingorani
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