The import of vegetable oils during March 2014 stood at 835,424 tons consisting of 832,925 tons of edible oils and 2,499 tons on non-edible oils, as per data compiled by the Solvent Extractors’ Association. This is a drop of 6% compared to 889,415 tons in March, 2013. The overall import of vegetable oils during November ’13 to March’14 is reported at 4,332,231 tons compared to 4,624,678 tons, down by 6%.
During November’13 - March’14, import of refined oil was up by 32% and reported at 817,615 tons compared to 620,698 tons during the same period of last year. However, import of crude oil is down by 11% and was reported at 3,436,042 tons compared to 3,876,738 tons during the same period of last year.
The import of palm oil has decreased to 3,142,418 tons during November’13 - March’14 from 3,812,097 tons during the same period of last year due to disparity in processing. However, soft oils import has increased to 1,111,239 tons from 685,339 tons during the same period of last year.
Import of non-edible oils during March 2014 is reported at 2,499 tons compared to 38,509 tons during the same period last year. The overall import of non-edible oils during November’13 - March’14 is reported at 78,574 tons compared to 127,242 tons during the same period of last year, down by 38%.
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: