COMMODITY
India’s vegetable oil imports flat in June despite shipments of crude edible oils surge: SEA
Jul-15-2025

Industry body Solvent Extractors Association (SEA) has said that India’s vegetable oil imports remained flat at 15.49 lakh tonnes in June compared to the same month last year even as shipments of crude edible oils surged more than 25 per cent. The rise in crude oil shipments came after the government reduced the Basic Customs Duty (BCD) on crude edible oils, including crude palm oil, crude soybean oil, and crude sunflower oil, to 10 per cent from 20 per cent, effective May 31.

Total vegetable oils, comprising both edible and non-edible oils, stood at 15.50 lakh tonnes in June 2024. In the edible oil category, barring crude sunflower oils, imports of other crude edible oil variants rose 25.64 per cent to 11.51 lakh tonnes in June from 9.16 lakh tonnes a year earlier. However, crude sunflower oil shipments declined 53.58 per cent to 2.61 lakh tonnes in June from the year-ago period.

According to SEA data, crude palm oil (CPO) imports rose 23.55 per cent to 7.88 lakh tonnes in June from 6.37 lakh tonnes a year earlier, while crude soybean oil imports increased 30.39 per cent to 3.59 lakh tonnes from 2.75 lakh tonnes. Crude Palm Kernel Oil (CPKO) imports rose 33.33 per cent to 4,000 tonnes in June from 3,000 tonnes in the year-ago period.

Total imports of crude edible oils (CPO, CPKO, crude sunflower and crude soybean oils) stood at 11.51 lakh tonnes in June. Among refined edible oils, RBD palmolein imports rose to 1.63 lakh tonnes in June against 1.45 lakh tonnes a year earlier. Non-edible oil imports fell to 18,497 tonnes in June from 23,178 tonnes in June 2024.

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