SEA
India's palm oil imports in September saw a sharp decline of nearly one-third compared to the previous month, marking a six-month low. The͏͏ increase͏͏ in͏͏ tropical͏͏ oil͏͏ prices͏͏ made͏͏ it͏͏ costlier͏͏ than͏͏ competing͏͏ oils,͏͏ leading͏͏ refiners͏͏...
The import of edible oils in August 2024 was 15.63 lakh tonnes, down 16% from 18.66 lakh tonnes in August 2023, as reported by the Solvent Extractors’ Association of India (SEA).Year-to-D͏ate Vegeta͏ble Oil Imports D͏own 3%:"The...
Breaking News
India’s palm oil imports plummet 26% in August as buyers favour soyoil
India's palm oil imports in August dropped by over 25% from the previous month, largely due to ample domestic stocks and negative margins that...
Edible oil imports dip 1.6% in first 9 months of marketing year ending October: SEA
India's edible oil imports de͏cre͏a͏se͏d ͏by 1͏.6% to ͏11͏͏.͏9͏35 m͏ill͏͏ion to͏nnes͏ in͏ ͏t͏h͏e͏ f͏irs͏t ͏nine months͏ o͏f the ͏2023-24 mar͏k͏͏eting ͏year, ͏a͏c͏c͏ording t͏o ͏t͏h͏e...
India’s palm oil imports reach four-month high in May, up 11.6% month-on-month
India's palm oil imports rose 11.6% in May from the previous month to a four-month high as its discount on rival oils boosted purchases,...
Despite falling consumption, Vanaspati retains high WPI weightage
In the past decade, the share of vanaspati in the assortment of cooking oils preferred by Indians has nearly halved to 2.88%. Nonetheless, it...
India’s sunflower oil imports skyrocket by 51% in March, pushing palm oil to lowest levels since 2023
In March, India's imports of sunflower oil surged by 51% compared to the previous month, marking the second-highest level on record. Lower prices prompted...
India’s palm oil imports reach four-month high in December, fueled by competitive prices and increased demand for refined variants
India's palm oil imports reached their highest level in four months in December, led by an uptick in purchases of refined palmolein due to...
SEA urges govt to raise palm oil duty gap to safeguard domestic industry
The Solvent Extractors' Association of India (SEA), representing the edible oil industry, has urged the government to raise the duty gap between crude and...
India’s edible oil imports surge to record highs in FY 2022/23: Palm Oil and sunflower oil soar, while soyoil declines
India's palm oil and sunflower oil imports saw substantial growth in the fiscal year 2022/23, surging by 24% and 54%, respectively, reaching record highs....
Edible oil trade body SEA calls for reduced MRP to match global market slump
The Solvent Extractors Association of India (SEA), the leading trade organization representing the edible oil industry, has called upon all its members to align...
India’s edible oil imports soar by 39.31% to 13.11 Lakh tonnes in June amidst surging demand
India experienced a remarkable surge in its import of edible oils, as reported by the Solvent Extractors' Association of India (SEA) on Friday. In...
Edible oil companies announce up to 6% price reduction following commodity rates dip
Edible oil companies have chosen to lower cooking oil prices by a maximum of 6% in response to the government's recommendation to align the...