Base Import Price
Govt raises base import price of all edible oils in $10-$38 per tonne range
This story was originally published at 14:27 IST on 2 March 2026
Register to read our real-time news.Informist, Monday, Mar. 2, 2026
--Govt ups crude palmolein base import price to $1,128/tn from $1,090/tn
--Govt ups RBD palmolein base import price to $1,131/tn from $1,093/tn
--Govt ups crude soyoil base import price to $1,212/tn from $1,202/tn
--Govt ups RBD palm oil base import price to $1,122/tn from $1,088/tn
--Govt ups crude palm oil base import price to $1,103/tn from $1,086/tn
MUMBAI – The government has increased the base import price of all edible oils in the range of $10-$38 per tonne, the Central Board of Indirect Taxes and Customs said in a notification late Friday.
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 Feb. 13.
The base import price of crude palm oil has been raised by $17 per tonne and that of refined, bleached, and deodorised palm oil has been raised by $34 per tonne. The government has raised the base import price of crude palmolein oil and refined, bleached, and deodorised palmolein oil by $38 per tonne each. It has raised the price of crude soyoil by $10 per tonne.
India is the largest importer of edible oils. Palm oil accounts for 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 | Feb. 27 | Feb. 13 | CHANGE |
| Crude palm oil | 1,103 | 1,086 | 17 |
| RBD palm oil | 1,122 | 1,088 | 34 |
| Crude palmolein | 1,128 | 1,090 | 38 |
| RBD palmolein | 1,131 | 1,093 | 38 |
| Crude soyoil | 1,212 | 1,202 | 10 |
End
US$1 = INR 91.45
Reported by Taniva Singha Roy
Edited by Vandana Hingorani
For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.
Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.
Informist Media Tel +91 (22) 6985-4000
Send comments to feedback@informistmedia.com
© Informist Media Pvt. Ltd. 2026. All rights reserved.
To read more please subscribe
Share this Story:
