Agri Buzz: SEA Says Vegetable Oil Import Rises 13% In April 2022

13 May 2022 , 02:58 PM

The Solvent Extractors Association of India (SEA) has compiled the Import data of Vegetable Oils (edible & non-edible) for the month of April 2022. Import of vegetable oils during April 2022 is reported at 911,846 tons compared to 1,053,347 tons in April 2021, consisting 900,085 tons of edible oils and 11,761 tons of non-edible oils i.e. down by 13%. The overall import of vegetable oils during first six months of oil year 2021-22, Nov21.- Apr.22 reported at 6,707,574 tons compared to 6,428,350 tons during the same period of last year i.e. Up by 4%.. The stock of edible oils as on 1st May., 2022 at various ports is estimated at 416,000 tons (CPO 115,000 tons, RBD Palmolein 120,000 tons, Degummed Soybean Oil 101,000 tons and Crude Sunflower Oil 80,000 tons and pipeline stock at 1,820,000 tons, total stock at 2,236,000 tons. The pipeline stock for Apr.21 being revised to 1,325,000 tons from 1,525,000 tons. The total stock as on 1st May, 2022 has increased by 346,000 tons to 22.36 lakh tons from 18.90 lakh tons as on 1st Apr., 2022.Powered by Commodity Insights