Exim

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Date: 17/01/2025

Edible oil imports soar by 13 pc

A significant jump in the imports of soyabean oil and sunflower oil has led India to register 13.03% growth in edible oils imports in the first two months of the oil year 2024-25 (November-October), according to the data compiled by Solvent Extractors’ Association of India (SEA). The country imported 27.25 lakh tonnes (lt) of edible oils during the first two months of the oil year 2024-25 against 24.55 lt last year. Import of palm oil (including RBD palmolein and crude palm oil) decreased to 13.42 lt in the first two months of the oil year against 17.63 lt last year, down 23.89%. Soyabean oil imports increased 173.78% to 8.28 lt (3.02 lt in November-December of oil year 2024-25), as per a report.

Source: Exim News Service: New Delhi, Jan. 16