Significant Increase in Edible Oil Stocks at Indian Ports

Mumbai. Although edible oil prices remain high and firm due to domestic factors, this is not attributed to complex supply or availability issues, but rather to strong demand during the festive season and high prices in exporting countries.

While imports of sunflower oil have seen a sharp decline, imports of soybean oil are on the rise. Palm oil imports remain largely steady.

The central government has reduced import duties on edible oils by 5–10 percent; however, this has had no significant impact on prices. Meanwhile, prices for mustard oil and groundnut oil continue to show a firm, upward trend.

According to available data, the total stock of edible oils at Indian ports stood at 1,167,970 tonnes on September 30, 2026. By October 15, 2026, this figure had increased by 12.66 percent, reaching 1,315,838 tonnes.

Specifically, stocks of Crude Palm Oil (CPO) rose from 497,590 tonnes to 532,497 tonnes; RBD Palmolein stocks increased from 18,717 tonnes to 22,936 tonnes; Crude Degummed Soybean Oil (CD SBO) stocks jumped from 410,848 tonnes to 466,410 tonnes; and stocks of crude sunflower oil grew from 229,241 tonnes to 274,946 tonnes.