6 percent decline in stock of edible oils at Indian ports

07-Jul-2025 03:38 PM

Mumbai. On 15 June 2025, there was a stock of 7,65,647 tonnes of edible oils at Indian ports, which declined by about 6 percent to 7,22,918 tonnes by 30 June 2025.

Although edible oil imports are estimated to have increased in June, the actual figures will be confirmed once the monthly data from the Solvent Extractors Association of India (SIA) is released.

According to the available data, compared to 15 June, the stock of crude palm oil (CPO) at Indian ports rose by 1 percent from 2,35,675 tonnes to 2,37,169 tonnes, and the stock of RBD palmolein increased by 4 percent from 91,424 tonnes to 94,914 tonnes.

However, the stock of crude degummed soybean oil fell by 10 percent from 1,77,362 tonnes to 1,59,436 tonnes, and the stock of crude sunflower oil declined by 12 percent from 2,53,859 tonnes to 2,22,719 tonnes. The stock of other edible oils rose by 18 percent from 7,327 tonnes to 8,680 tonnes during the same period.

This data suggests that consignments of imported edible oils were cleared quickly at Indian ports in the second half of June, and importers were prompt in moving the stock to refining units or directly to the domestic market.

Around 11.78 lakh tonnes of edible oil were imported in May, and the figure for June is expected to be significantly higher.

This indicates that despite the high volume of imports, a large portion of the edible oil stock was efficiently distributed by the end of June.

In India, crude and refined palm oil is primarily imported from Indonesia and Malaysia, crude degummed soybean oil from Argentina and Brazil, and sunflower oil in large quantities from Russia, Ukraine, and Argentina.