Edible Oil Stocks at Indian Ports Drop by 10%

23-Apr-2025 12:18 PM

Mumbai. The edible oil stock at Indian ports saw a 10% decline in the first half of April, mainly due to increased clearance and extraction of palm and soybean oil. As per data, the total edible oil stock decreased from 8,10,161 tonnes on March 31, 2025, to 7,31,742 tonnes by April 15.

Among key oils:

• Crude Palm Oil (CPO) fell 17%, from 2,03,957 tonnes to 1,70,078 tonnes

• RBD Palmolein declined 18%, from 1,72,541 tonnes to 1,41,773 tonnes

• Crude Degummed Soybean Oil dipped 5%, from 1,56,594 tonnes to 1,48,270 tonnes

• Crude Sunflower Oil was the only category to increase, up 1% to 2,61,196 tonnes

• Other edible oils dropped sharply by 42%, from 18,024 tonnes to 10,425 tonnes

In March, palm oil imports rose slightly compared to January–February, though still below normal levels. In April, import volumes have remained low, but clearance at ports has picked up pace. Meanwhile, soft oils like soybean and sunflower may gain preference in April’s import choices due to evolving price and demand dynamics.