India's vegetable oil imports surge 13% to 7.94 mt in Apr-Nov as palm oil nearly doubles

H1 OY2025-26 imports hit 7.94 mt vs 7.04 mt YoY, with palm oil jumping to 3.97 mt from 2.74 mt. Import bill up 19% to Rs 87,000 crore as palm prices rose 14-15%, soft oils 17-22%, and rupee slid 9.2%. Stocks swell to 2.12 mt, pressuring domestic refiners and FMCG input costs.

— Filed Wed, 13 May, 2026, 12:56 IST · Source The Hindu BusinessLine · Updated

India's vegetable oil imports rose 13% YoY to 7.94 mt in H1 OY2025-26, driven by palm oil nearly doubling to 3.97 mt. Soft oils fell; prices jumped 14-22% amid 9.2% rupee depreciation. Stocks rose to 2.12 mt.