Back Sep 16, 2026

India's August Vegetable Oil Imports Fall 4.7% On Lower Palm-Oil Purchases, Weak Rupee

India's vegetable oil imports fell 4.71 percent to 16.09 lakh tonnes in August from 16.94 lakh tonnes a year earlier, as palm oil shipments dropped amid rising global prices and a weaker rupee that raised the cost of imported edible oils, industry body Solvent Extractors' Association of India (SEA) said on Tuesday.

For the November-August period of the 2025-26 oil year, total vegetable oil imports rose 4 per cent to 138.8 lakh tonnes from 133.37 lakh tonnes a year earlier, SEA said in a statement.

India, the world's biggest vegetable oil importer, bought 15.72 lakh tonnes of edible oils and 37,150 tonnes of non-edible oils in August, down from 16.88 lakh tonnes and 55,821 tonnes, respectively, a year earlier.

Also Read | Layoffs Are Rising In Tech, But These Skills Are Helping People Unlock Better Pay

Refined edible oil imports rose to 1.01 lakh tonnes in August from 64,403 tonnes a year earlier, while crude oil imports fell to 14.70 lakh tonnes from 16.24 lakh tonnes.

Source: NDTV Profit

Connect to an Expert X