{"id":10235,"date":"2022-09-16T15:16:59","date_gmt":"2022-09-16T09:46:59","guid":{"rendered":"https:\/\/www.tickertape.in\/blog\/?p=10235"},"modified":"2022-09-16T15:17:33","modified_gmt":"2022-09-16T09:47:33","slug":"state-of-play-edible-oil-consumption-production-and-imports","status":"publish","type":"post","link":"https:\/\/www.tickertape.in\/blog\/state-of-play-edible-oil-consumption-production-and-imports\/","title":{"rendered":"State of Play \u2013 Edible Oil Consumption, Production, and Imports"},"content":{"rendered":"\n

India\u2019s edible oil imports have risen 35% y-oy to 1.3 mn tonnes (MT) in August against 1.01 MT in the same month last year. In July, India imported 1.2 MT of the commodity<\/a>. Edible oils include oils from coconuts, cottonseeds, olives, palm, peanuts, rapeseed, soybeans, and sunflowers that are used for cooking.<\/p>\n\n\n\n

The import of edible oil rose as Russia and Argentina emerged as significant sunflower oil exporters to India. The country bought ~1,35,000 tonnes of sunflower oil in August, of which 72,780 tonnes were from Russia and 30,600 tonnes from Argentina.<\/p>\n\n\n\n

Ever wondered why an agricultural country like India is importing such huge quantities of this essential commodity?<\/p>\n\n\n\n

\n
\n

Table of Contents<\/p>\n<\/span><\/div>\n