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Date: 16/05/2025

Veg oil imports dip 32 pc in April

India’s vegetable oil imports fell 32% to 8.91 lakh tonnes in April from a year earlier, industry body Solvent Extractors Association (SEA) said, as shipments of both palm and refined oils declined. Vegetable oil imports, comprising edible and non-edible oils, stood at 13.18 lakh tonnes in the year-ago period. Import in the last three months was at a very low level due to reduced demand for palm oil coupled with increased crushing of mustard in the country. Import of refined edible oils from Nepal, estimated at 60,000 to 70,000 tonnes monthly, also affected overall imports and stock positions. For the first six months of the 2024-25 oil year (November-October), total vegetable oil imports decreased to 65.02 lakh tonnes, from 70.69 lakh tonnes a year earlier, as per a report.

Source: Exim News Service: New Delhi, May 15