Page 3 - Edible Oil Prices

Low duties, inadequate incentives keep the target slippery for edible oils

India's oil marketing year runs from November to October and during 2018-19 vegetable oil imports were up 3.5 per cent to 15.55 million tonnes

India's edible oil import falls 40% in May, lowest since 2011: SEA

India, world's leading vegetable oil buyer, had imported 11.80 lakh tonnes of edible oil in May 2019.

Sharp spike in agro commodities over tepid farm output, high import prices

Threat of poor weather conditions looms. Cold wave and pest attack could damage standing Rabi crops and elevate prices across the board in 2020

Edible oil refining capacity utilisation drops below 50% as imports rise

Small and medium-sized units at risk of complete shutdown as stagnant oilseed production adds to industry's woes

Duty cut pushes up edible oil prices; up to 8% surge across all varieties

Through increase in import duty, the government aims to help domestic oilseed crushers and edible oil producers who suffered badly last year due to cheap imports

India might increase import duty on edible oils as local oilseed prices dip

India relies on imports for 70% of edible oil consumption