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Vegetable oil imports rose 8% in May; Increase in crude oil imports, huge decline in refined palm oil imports
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Vegetable oil imports rose 8% in May; Increase in crude oil imports, huge decline in refined palm oil imports

me.sumitji@gmail.com 12 Jun 2026 3 days ago

India’s vegetable oil imports increased by 8 percent year-on-year to 13.65 lakh tonnes in May 2026. Crude soybean oil imports increased due to competitive prices. Due to difference in duty, the share of crude oil reached 97 percent and the import of refined palm oil decreased rapidly. Edible oil stocks increased to 22.13 lakh tonnes due to strong imports and domestic production.

Vegetable oil imports rose 8% in May; Increase in crude oil imports, huge decline in refined palm oil imports
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