India Soybean Oil Imports Seen Surging In OY25: Ind-Ra
Ind-Ra expects India’s soybean oil imports to spike in OY25 as high palm oil prices spur substitution and Indonesia’s biofuel plan adds supply risk.
Food
Consumer
Food & Beverage.
Grocery
Palm Oil Imports Drop 16% As Refiners Opt For Soft Oils
- by BW Retail World Bureau
- October 15, 2025
Soy oil imports surge 36.8 per cent to hit highest since July 2022; total edible oil imports slip 1 per cent India’s palm oil imports fell 16.31 per cent month-on-month in September 2025 to 8,29,017 metric tonnes, marking their lowest level since May, as refiners turned to cheaper soft oils amid volatile prices, according […]
National
News
Trade
India Swaps Palm Oil For Sunflower Oil As Prices Rise
- by BW Retail World Bureau
- April 3, 2024
India witnessed a significant surge in March in sunflower oil imports, soaring by 51 per cent compared to the previous month, reaching the second-highest level on record. This increase was primarily attributed to lower prices, compelling refiners to boost their purchases of sunflower oil while decreasing their procurement of rival palm oil, according to the […]
National
News
Trade
India To Shift Towards Soyoil, Reduce Palm Oil Imports In 2024
- by BW Retail World Bureau
- March 5, 2024
India, the world’s largest vegetable oil importer, is expected to buy more soyoil in 2024, while palm oil sales will likely fall, news agency Reuters reported on Monday. According to Sandeep Bajoria, CEO of Sunvin Group, a vegetable oil brokerage and advisory business, India’s soyoil imports would increase to 4.3 million metric tonnes in the […]
National
News
India’s Vegetable Oil Imports Fall 28% In January, Lowering Supply Pressures
- by BW Retail World Bureau
- February 13, 2024
India imported 1.2 million tonnes of vegetable oils in January 2024, 28 per cent lower than it shipped in the same month last year at about 1.7 million tonnes, data compiled by The Solvent Extractors’ Association of India (SEA) showed on Monday. Of the total imports, it consisted of 1.19 million tonnes of edible oils […]
Finance
Government
National
News
India Rises Molasses Tax By 50% Extends Edible Oil Duty Cut
- by BW Retail World Bureau
- January 17, 2024
The Indian government has imposed a 50 per cent export duty on molasses and extended lower import duties on edible oils for another year. Aimed at bolstering domestic ethanol production and ensuring edible oil affordability. This high export tax will apply to molasses, a crucial component in the production of ethanol. According to a notification […]
Economy
Food & Beverage.
National
News
Retail
India Records 33% Increase In Vegetable Oil Imports: SEA
- by BW Retail World Bureau
- September 18, 2023
India’s vegetable oil imports have increased by 33 per cent year-on-year (YoY) to reach 18.66 lakh tonne in August. This is attributed to lower duties and a revival of demand after a decline in domestic rates, as reported by the Solvent Extractors’ Association (SEA). India is the world’s leading vegetable oil buyer, and its imports […]
National
News
India’s Palm Oil Imports To Jump 26% To Record High In 2022-23
- by BW Retail World Bureau
- September 7, 2023
India’s palm oil imports are set to jump 26 per cent to a record high in the 2022-23 year ending on 31 October, as a recovery in consumption and competitive prices prompt refiners to increase purchases, the country’s top palm oil buyer told Reuters on Wednesday. Higher purchases by the world’s biggest importer of palm […]