Topic
vegetable oil
Commodities India's Edible Oil Import Bill Estimated to Rise 9% to ₹1.75 Lakh Crore in 2025-26 Market Year: SEA
India's edible oil import bill is projected to rise 9% to ₹1.75 lakh crore in the 2025-26 marketing year (November-October) due to higher import volumes and rupee depreciation, according to the Solvent Extractors' Association of India (SEA). Import volumes rose 7% in the first eight months, while weaker monsoon and delayed kharif sowing raise domestic production concerns.
Trade IVPA Seeks Policy Review as Refined Edible Oil Imports from Nepal Breach 8 Lakh Tonnes
The Indian Vegetable Oil Producers’ Association (IVPA) has urged the government to review trade policy after duty-free refined edible oil imports from Nepal under SAFTA surged from 47,295 tonnes in 2023 to over 8.04 lakh tonnes in 2025 – a 17-fold increase. IVPA warns that the trend is shifting refining activity outside India, affecting domestic capacity utilisation, investment, and farmer welfare, and calls for stricter Rules of Origin verification under CAROTAR.
Trade IVPA Signs MoU with China Industry Body CFNA to Strengthen Edible Oil Trade
The Indian Vegetable oil Producers’ Association (IVPA) and the China Chamber of Commerce of Import and Export of Foodstuffs, Native Produce and Animal Byproducts (CFNA) signed an MoU on July 1, 2025, at the CCOC 17 Conference in Shanghai to strengthen industry linkages and promote trade in edible oils and oilseeds.
Commodities Policy, energy, climate, geopolitics to influence global veg oil sector: IVPA
The Indian Vegetable Oil Producers' Association (IVPA) President Sudhakar Desai, speaking at the 17th China International Conference on Oils and Oilseeds in Shanghai, projected a 3.1% increase in global vegetable oil production to 212.5 million tonnes in 2025-26, with consumption rising 1.9% to 211 million tonnes. He highlighted that policy decisions, energy markets, climate, and geopolitics are increasingly driving market direction, with Indonesia's B50 biodiesel mandate set to divert 14.6 million tonnes of palm oil to biofuels. Desai also provided price outlooks for crude palm oil, soybean oil, and sunflower oil, and detailed India's edible oil import scenario of 16.8 million tonnes in 2025-26.