Edib 2201 PDF

As on 14.12.
2016
Commodity Profile of Edible Oil for December - 2016

Contents
1.
Edible Oil estimates for India ( marketing year- November 2015- October 2016) ................ 2
2.
Production Trend of Domestic Oilseeds ................................................................................. 2
3.
Production Trend of Domestic Edible Oils ............................................................................ 3
4.
Global Production Trend of Major Edible Oils ...................................................................... 3
Groundnut oil,Mustrad oil, Sunflower oil, Soyabean oil ............................................................... 3

5.
Major Exporting and Importing Countries of Edible Oils ...................................................... 5

Groundnut oil,Mustrad oil, Sunflower oil, Soyabean oil ....................................................... 5
6.
Indias import of major edible oils ..................................................................................... 10
7.
Indias top import sources of Palm, Soya and Sunflower Oils ............................................. 10
8.
Movement of Domestic and International major Edible Oils Prices .................................... 11
9.
Domestic future prices of Soya bean and Palm oil..13
10.
International future prices of Soya bean and Palmoil.....14
11. Trade Policy.......................................................................................................................... 14

11.1 Import Policy ................................................................................................................. 14
11.2 Export Policy ................................................................................................................. 17
11.3 Bound Duty, Standard Duty and Current Applied Duty ............................................... 17
1|C o m m o d i t y P r o f i l e o f E d i b l e O i l f o r D e c e m b e r - 2 0 1 6
1. Edible Oil estimates for India(marketing year- November 2015- October 2016)
(Unit:MillionTonnes)
2014-15
9.80
14.35
24.15
0.59
23.56
Table 1:Production, Stocks, Trade and Availability of Edible Oils

2015-16
Oct,2016
Estimates*
9.54
Production
11.96
Imports
14.82**
21.50
Availability
0.55
Export and Industrial use
20.95
Total Available for domestic
consumption
Source
DVVOF
DOC
DVVOF
Source: Directorate of Vanaspati, Vegetable oil and Fats (DVVOF) and Department of Commerce
*For 2015-16 estimates, production and export & industrial use as estimated by Directorate of Vanaspati, Vegetable oil
and Fats (DVVOF) and import is last 3 years average from DGCI&S, Kolkata.
**Figure of import is for the period Nov-Oct, 2015-16.
Availability: Domestic production plus Imports; Total Availability for Domestic Consumption: Availability minus
export and Industrial use.
The estimated figure indicates that domestic production (i.e 9.54 million MT) of edible oils
in2015-16 may be less than that of actual production (i.e 9.80 million MT) in 2014-15.
2. Production Trend of Domestic Oilseeds
Million Tonnes
Figure 1: Production Trend of Domestic Oilseeds

16
14
12
10
8
6
4
2
0
2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16
Groundnut
Rapeseed
Soyabean
Sunflower
Source: Directorate of Economics and Statistics
Indias Soybean production has increased in the last 10 years at CAGR of 1 percent.
Production of Groundnut increased substantially from4.70 million(2012-13)to 7.4 million
tonnes (2014-15) showing a growth of about 57%. However, production is estimated to
be at 6.89 million tons in 2015-16.
3. Production Trend of Domestic Edible Oils
Figure 2: Production Trend of Domestic Edible oil

3
Million Tonnes
2.5
2
1.5
1
0.5
0
2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16
Groundnut Oil
Rapeseed Oil
Soyabean Oil
Sunflower Oil
Source: Directorate of Vanaspati, Vegetable oil and Fats (DVVOF)
Soybean oil production has increased in the last 10 years at CAGR of 1 percent.
Rapeseed oil production increased from 1.94 Million MT from 2014-15 to 2.11 Million
MT in 2015-16.
4. Global Production Trend of Major Edible Oils
A) Groundnut oil
Figure 3: Production Trend Groundnut Oil

Million Tonnes
3.0
2.5
2.0
1.5
1.0
0.5
0.0
Sudan
Tanzania Senegal
US
Argentin
Burkina
a
China
India
Burma
Nigeria
2012/13
2.686
1.18
0.27
0.263
0.15
0.133
0.115
0.095
0.074
0.055
2013/14
2.725
1.22
0.27
0.263
0.155
0.133
0.115
0.093
0.085
0.055
2014/15
2.72
1.15
0.27
0.263
0.19
0.133
0.105
0.095
0.07
0.027
2015/16
2.74
1.06
0.27
0.263
0.19
0.133
0.105
0.115
0.08
0.08
Source: United States Department of Agriculture
China is expected to be the top producer followed by India and Burma in 2015-16.
Indias share in global production of Groundnut Oil in 2015-16may be around 20 percent.
B) Mustard Oil
Figure 4: Production Trend Mustard Oil

Million Tonnes
12
10
8
6
4
2
0
EU
Pakista
n
UAE
0.416
0.395
0.264
0.58
0.478
0.415
0.293
0.717
0.61
0.49
0.474
0.345
0.714
0.604
0.45
0.454
0.345
China
Canada
India
Japan
US
2012/13 9.424
6.045
2.95
2.35
1.055
0.573
0.58
2013/14 9.495
6.259
3.16
2.5
1.012
0.704
2014/15 10.251
6.5
3.23
2.1
1.075
6.195
3.07
2.32
1.075
2015/16
9.67
Mexico Russia
European Union (EU) is expected to be the top producer followed by China and Canada
in 2015-16. India may be the fourth largest producer.
Indias share in global production of mustard oil in 2015-16 may be around 9.0 percent.
C) Sunflower oil
Figure 5: Production Trend Sunflower Oil

Million Tonnes
5
4
3
2
1
0
Argentin
Turkey
a
China
South
Africa
Pakistan
US
India
0.769
0.476
0.278
0.285
0.196
0.22
1.16
0.875
0.49
0.335
0.313
0.181
0.21
3.145
1.185
0.725
0.44
0.28
0.29
0.174
0.135
3.02
1.14
0.663
0.42
0.324
0.255
0.213
0.135
Ukraine
Russia
EU
2012/13
3.615
3.117
2.753
0.99
2013/14
4.515
3.851
2.937
2014/15
4.305
3.57
2015/16
4.179
3.69
Ukraine is expected to be the largest producer followed by Russia and EU in 2015-16.

India may be at the 10thposition in global producer.
Indias share in global production of sunflower oil in 2015-16 may be around 1.0 percent.
D) Soybean oil
Figure 6: Production Trend Soybean Oil

Million Tonnes
16.00
14.00
12.00
10.00
8.00
6.00
4.00
2.00
0.00
US
Argenti
na
Brazil
EU
India
Paragu
Mexico
ay
Russia
Bolivia
2012/13 11.626
8.99
6.364
6.76
2.317
1.69
0.565
0.653
0.437
0.39
2013/14 12.245
9.036
7.1
7.1
2.242
1.638
0.67
0.69
0.491
0.355
2014/15
13.28
9.662
7.525
7.57
2.642
1.315
0.707
0.765
0.69
0.41
2015/16
14.23
9.804
7.86
7.59
2.755
1.63
0.783
0.78
0.71
0.43
China
China, United States, Argentina and Brazil are expected to be the key producers of
Soybean oil in 2015-16.
Indias share in global production of Soybean Oil in 2015-16 may be around 3.5 percent.
5. Major Exporting and Importing Countries of Edible Oils
A.
Groundnut oil
Million Tonnes
Figure 7 : Major Exporting countries of Groundnut Oil

0.090
0.080
0.070
0.060
0.050
0.040
0.030
0.020
0.010
0.000
Argentina
Brazil
Senegal
Nicaragua
Netherlan
ds
Belgium
China
US
France
India
2013/14
0.041
0.063
0.016
0.016
0.003
0.012
0.007
0.005
0.006
0.003
2014/15
0.083
0.038
0.031
0.019
0.005
0.014
0.010
0.005
0.008
0.015
2015/16
0.067
0.059
0.048
0.019
0.011
0.010
0.009
0.009
0.008
0.005
Source: Comtrade
Argentina and Brazil were the top two exporting countries of Groundnut oil in 2015-16.
India was the 10th largest exporting country of groundnut oil in the world in 2015-16.
Figure 8 : Major Importing countries of Groundnut Oil

0.1400
Million Tonnes
0.1200
0.1000
0.0800
0.0600
0.0400
0.0200
0.0000
China
Italy
US
France
Benin
Belgium
Hong Kong
Switzerland
Netherland
s
2013/14
0.0610
0.0340
0.0192
0.0194
0.0080
0.0193
0.0073
0.0076
0.007
2014/15
0.0937
0.0423
0.0196
0.0168
0.0021
0.0240
0.0100
0.0024
0.007
2015/16
0.1277
0.0380
0.0288
0.0201
0.0160
0.0146
0.0102
0.0057
0.005
Source: Comtrade
China and Italy were the major importing country of groundnut oil in 2015-16.
B.
Mustard oil
Figure 9 : Major Exporting Countries of Mustard Oil

Million Tonnes
3.000
2.500
2.000
1.500
1.000
0.500
0.000
Canada
Germany
Poland
Czech
Republic
Netherlan
ds
France
Russia
Belgium
UK
Ukraine
2013/14
2.287
1.158
0.390
0.336
0.519
0.299
0.305
0.352
0.220
0.048
2014/15
2.379
0.869
0.466
0.417
0.443
0.238
0.355
0.254
0.268
0.100
2015/16
2.573
0.986
0.511
0.505
0.316
0.269
0.252
0.240
0.220
0.163
Source: Comtrade
Canada was the largest exporter of Mustard oil in the world followed by Germany and
Poland in 2015-16.
Million Tonnes
Figure 10 : Major Importing Countries of Mustard Oil

1.800
1.600
1.400
1.200
1.000
0.800
0.600
0.400
0.200
0.000
US
China
Netherlan
ds
Norway
Belgium
India
Germany
Czech
Republic
Sweden
Italy
2013/14
1.272
1.527
0.670
0.317
0.341
0.039
0.186
0.114
0.164
0.126
2014/15
1.586
0.810
0.629
0.383
0.443
0.252
0.271
0.179
0.208
0.165
2015/16
1.636
0.815
0.555
0.373
0.333
0.331
0.302
0.214
0.204
0.168
Source: Comtrade
The US and China were the leading importing countries of Mustard oil in the world. India
was the 6thlargest importing country in 2015-16.
C. Sunflower oil
Million Tonnes
Figure 11 : Major Exporting Countries of Sunflower Oil

5.000
4.500
4.000
3.500
3.000
2.500
2.000
1.500
1.000
0.500
0.000
Ukraine
Russia
Turkey
Argentina
Hungary
Netherlan
ds
France
Bulgaria
Romania
Spain
2013/14
3.209
1.358
0.346
0.459
0.500
0.534
0.345
0.193
0.198
0.103
2014/15
4.342
1.629
0.665
0.364
0.490
0.448
0.384
0.330
0.200
0.127
2015/16
3.174
1.413
0.623
0.466
0.461
0.375
0.337
0.263
0.188
0.145
Source: Comtrade
Ukraine and Russia were the top two global exporters of sunflower oil during 2015-16.
Million Tonnes
Figure 12 : Major Importing Countries of Sunflower Oil

1.800
1.600
1.400
1.200
1.000
0.800
0.600
0.400
0.200
0.000
India
Turkey
China
Netherlan
ds
Iraq
Italy
Spain
Belgium
Germany
UK
2013/14
1.086
0.632
0.436
0.690
0.213
0.287
0.324
0.384
0.262
0.295
2014/15
1.641
0.829
0.455
0.541
0.438
0.411
0.353
0.329
0.345
0.299
2015/16
1.512
0.798
0.651
0.481
0.397
0.369
0.360
0.342
0.313
0.283
Source: Comtrade
D.
India was the largest importer of Sunflower oil followed by Turkey, China and
Netherland during 2015-16.
There is a secular increase in the importation of Sunflower oil of China.
Soybean oil
Figure 13 : Major Exporting Countries of Soybean Oil

6.00
Million Tonnes
5.00
4.00
3.00
2.00
1.00
0.00
Argenti
na
Brazil
US
Paragua German Netherl

y
y
ands
Russia
Spain
Bolivia
Malaysi
a
2013/14
4.26
1.36
0.82
0.52
0.32
0.51
0.19
0.65
0.30
0.13
2014/15
4.06
1.31
0.89
0.63
0.38
0.38
0.34
0.47
0.36
0.16
2015/16
5.60
1.67
0.96
0.70
0.48
0.47
0.43
0.41
0.38
0.16
Source: Comtrade
Argentina was the largest exporting country in the world followed by Brazil, US, and
Paraguay during 2015-16.
Million Tonnes
Figure 14 : Major Importing Countries of Soybean Oil

4.000
3.500
3.000
2.500
2.000
1.500
1.000
0.500
0.000
India
China
Algeria
Banglad
esh
Egypt
Iran
Morocc Venezue
o
la
Peru
Colombi
a
2013/14
1.108
1.158
0.623
0.350
0.130
0.550
0.371
0.407
0.363
0.224
2014/15
2.106
1.135
0.625
0.508
0.100
0.442
0.438
0.493
0.355
0.299
2015/16
3.509
0.818
0.637
0.566
0.546
0.476
0.439
0.419
0.395
0.311
Source: Comtrade
E.
India was the largest importer of soybean oil that constituted 29.89 percent of the global
import in the year 2015-16.
Palm oil
Figure 15: Major Exporting Countries of Palm Oil

Million Tonnes
25.00
20.00
15.00
10.00
5.00
0.00
Indones Malaysi Netherl
ia
a
ands
Papua
Guatem German Colombi
Ecuador
New
ala
y
a
Guinea
Costa
Rica
Brazil
2013/14
20.58
15.24
1.44
0.57
0.36
0.35
0.18
0.21
0.17
0.07
2014/15
22.89
15.14
1.39
0.56
0.40
0.37
0.25
0.23
0.15
0.10
15.43
1.19
0.60
0.47
0.44
0.40
0.28
0.16
0.13
2015/16
Source: Comtrade
Indonesia and Malaysia hold both competitive as well as comparative advantage in

exportation of Palm oil in the world.
Figure 16: Major Importing Countries of Palm Oil

Million Tonnes
12.00
10.00
8.00
6.00
4.00
2.00
0.00
India
China
Netherla
nds
Italy
German
y
Spain
US
Malaysi
a
Russia
Ethiopia
2013/14
8.39
5.98
2.96
1.39
1.47
0.90
1.37
0.72
0.75
0.35
2014/15
7.93
5.32
2.51
1.76
1.20
1.30
1.19
0.51
0.71
0.38
2015/16
9.54
5.91
2.30
1.64
1.32
1.28
1.18
1.17
0.84
0.70
Source: Comtrade
India is the largest importer of Palm oil in the world followed by China, Netherland and
Italy.
6. Indias import of major edible oils
(Million Tonnes)
Table 2:Indias Import of Major Edible Oils during 2012-13 to 2016-17
Year
Soybean Oil
Palm Oil
Sunflower Oil
2012-13
1.1
8.4
1.1
2013-14
1.3
7.6
1.1
2014-15
2.3
8.1
1.7
2015-16
3.9
9.6
1.4
2016-17( Apr-Sept) 1.65
4.02
0.71
Source: Department. Of commerce
India imports substantial amount of edible oils for its domestic consumption. Among all
edible oils importation into India, Palm oil importation share is around 70-80 percent.
7. Indias top importsourcesof Palm, Soya and Sunflower Oils
Table 3: Indias Top Import Sources of Palm, Soya and Sunflower Oils
Edible Oils
Import Source
Soybean Oil
Argentina and Brazil
Palm Oil
Indonesia and Malaysia
Sunflower
Ukraine and Mexico
Source: Department of Commerce
10 | C o m m o d i t y P r o f i l e o f E d i b l e O i l f o r D e c e m b e r - 2 0 1 6
8. Movement of Domestic and International Edible Oils Prices

I.
Groundnut oil
150000
140000
130000
120000
110000
100000
90000
80000
70000
60000
Apr-14
May-14
Jun-14
Jul-14
Aug-14
Sep-14
Oct-14
Nov-14
Dec-14
Jan-15
Feb-15
Mar-15
Apr-15
May-15
Jun-15
Jul-15
Aug-15
Sep-15
Oct-15
Nov-15
Dec-15
Jan-16
Feb-16
Mar-16
Apr-16
May-16
Jun-16
Jul-16
Aug-16
Sep-16
Oct-16
Nov-16
Rs per Tonnes
Figure 17: Movement of Groundnut Oil Price
Domestic (Rajkot, Refined without VAT)
International (Any origin, cif Rotterdam)
Source: Domestic Price Agriwatch and International Price are FAO Prices.
II.
Domestic prices of Groundnut oil are showing a decreasing trend from August, 2016.
Mustard oil
Figure 18: Movement of MustardOil Price

100000
Rs per Tonnes
90000
80000
70000
60000
50000
Apr-14
May-14
Jun-14
Jul-14
Aug-14
Sep-14
Oct-14
Nov-14
Dec-14
Jan-15
Feb-15
Mar-15
Apr-15
May-15
Jun-15
Jul-15
Aug-15
Sep-15
Oct-15
Nov-15
Dec-15
Jan-16
Feb-16
Mar-16
Apr-16
May-16
Jun-16
Jul-16
Aug-16
Sep-16
Oct-16
Nov-16
40000
Domestic (Kota, Expeller without VAT)
International (Rape oil (Dutch, fob ex-mill)
Source: Domestic Price Agriwatch and International Price are FAO Prices.
Domestic price of Mustard Oil is higher than that of International prices throughout the
years.
III.
Sunflower oil
Figure 19: Movement of Sunflower Oil Price

85000
Rs per Tonnes
80000
75000
70000
65000
60000
55000
Apr-14
May-14
Jun-14
Jul-14
Aug-14
Sep-14
Oct-14
Nov-14
Dec-14
Jan-15
Feb-15
Mar-15
Apr-15
May-15
Jun-15
Jul-15
Aug-15
Sep-15
Oct-15
Nov-15
Dec-15
Jan-16
Feb-16
Mar-16
Apr-16
May-16
Jun-16
Jul-16
Aug-16
Sep-16
Oct-16
Nov-16
50000
Domestic (Chennai, Refined & Expeller with VAT)
International Sun oil (CIF Ukraine Origin)
Source: Domestic Price Agriwatch and International Price are CIF Ukraine origin Prices.
IV.
Domestic prices of Sunflower oil are higher that International prices throughout.
Soybean oil
Figure 20: Movement of SoybeanOil Price

75000
Rs per Tonnes
70000
65000
60000
55000
50000
45000
Apr-14
May-14
Jun-14
Jul-14
Aug-14
Sep-14
Oct-14
Nov-14
Dec-14
Jan-15
Feb-15
Mar-15
Apr-15
May-15
Jun-15
Jul-15
Aug-15
Sep-15
Oct-15
Nov-15
Dec-15
Jan-16
Feb-16
Mar-16
Apr-16
May-16
Jun-16
Jul-16
Aug-16
Sep-16
Oct-16
Nov-16
40000
Domestic (Indore, Refined without VAT)
International(Soya oil CIF Argentina origin)
Source: Domestic Price Agriwatch and International Price are CIF Argentina origin Prices.
Domestic price of soybean oil are higher than International prices throughout period.
V.
Palm oil
Figure 21: Movement of Palm Oil Price

60000
Rs per Tonnes
55000
50000
45000
40000
35000
Apr-14
May-14
Jun-14
Jul-14
Aug-14
Sep-14
Oct-14
Nov-14
Dec-14
Jan-15
Feb-15
Mar-15
Apr-15
May-15
Jun-15
Jul-15
Aug-15
Sep-15
Oct-15
Nov-15
Dec-15
Jan-16
Feb-16
Mar-16
Apr-16
May-16
Jun-16
Jul-16
Aug-16
Sep-16
Oct-16
Nov-16
30000
Palm oil International prices at Kandla, Crude 5% FFA

Source: International landing Price at Kandla, Agriwatch.
International price of palm oils are showing mixed trend from April 2016.
Domestic future prices of Soya bean and Palm oil
9.
Unit: Rs/Quintal
Contract
Month
Dec-16
Jan-17
Feb-17
As on
08.12.16
Table 4: Soya bean oil future prices

Week
Month ago
3 Months
6 Months
ago
08.11.16
ago 08.09.16 ago
01.12.16
08.06.16
Year
ago
08.12.15
% Change over
previous year
7261
7325
6706
6635
6611.5
6379
13.83
7250
7348
6760
6656
6496.5
6379.5
13.65
7231
7332
6780
6638
6358.5
13.72
Source: National Commodity & Derivatives Exchange Limited
Domestic future price for Crude Soya bean oil is expected to increase over the previous year .
Unit: Rs/Quintal
Contract
Month
Dec-16
Jan-17
Feb-17
As on
08.12.16
Table 5: Crude Palm oil future prices

Week ago
Month ago 3 Months
6 Months
1.12.16
08.11.16
ago
ago
08.09.16
08.06.16
Year ago
08.12.15
% Change
over
previous
year
5575
5584
5163
5405
5011
4492
24.11
5565
5587
5206
5334
4253
30.85
5566
5580
5306
4362
27.6
Source:Multi Commodity Exchange of India Ltd
Domestic future price for Crude Palm oil is expected to increase over the previous year.
10.
International future prices of Soya bean and Crude Palm Oil

Unit: USD/Ton
Contract
Month
Dec-16
Jan-17
Feb-17
May-17
As on
08.12.16
Table 6: Soya bean oil future prices

Week ago
Month ago 3 Months
6 Months
01.12.16
08.11.16
ago
ago
08.09.16
08.06.16
Year ago
08.12.15
% Change
over
previous
year
816.8
829.81
778.44
733.47
740.53
688.5
18.64
821.43
834.44
784.18
738.54
743.61
694.23
18.32
827.61
840.39
788.81
743.39
744.05
698.86
18.42
830.91
842.6
792.77
747.58
743.83
702.17
18.34
Source: CME Soybean Oil Prices
International future prices of Soya bean are expected to increase over the last year.
Unit: USD/Ton
Contract
Month
Dec-16
Jan-17
Feb-17
As on
09.12.16
Table 7: Palm oil future prices

Week ago
Month ago 3 Months
6 Months
02.12.16
09.11.16
ago
ago
09.09.16
09.06.16
Year ago
09.12.15
705.64
701.26
676.54
639.21
637.82
516.19
36.7
694.79
692.5
677.49
539.42
28.8
692.98
690.93
675.12
559.6
23.84
Source: BMD Malaysian Palm Oil Prices
International future prices of Palm oil are expected to increase over the last year.
11. Trade Policy

11.1
Import Policy
Table-8: Import Policy

HS Code
1507
1507 10 00
1507 90
1507 90 10
1507 90 90
1508
1508 10 00
1508 90
1508 90 10
1508 90 91
1508 90 99
1509
1509 10 00
1509 90
% Change
over
previous
year
Item Description
Soya-bean oil and its fractions, whether or not refined,
but not chemically modified
Crude, whether or not degummed
Other:
Edible grade
Other
Groundnut Oil and its fractions, whether or not refined
but not chemically modified
Crude
Other:
Deodorized (Salad Oil)
Other :
Edible Grade
Other
Olive Oil and its fractions, whether or not refined but not
chemically modified
Virgin
Other:
Policy
Conditions
Remarks
Free
Free
Free
Free
Free
Free
Free
Free
1509 90 10
1509 90 90
1510
1511 10 00
Edible grade
Other
Other Oils and their fractions, obtained, solely from
olives, whether or not refined, but not chemically
modified, including blends of these oils or fractions with
oils or fractions of heading 1509
Crude oil
Edible Grade
Other
Palm Oil and its fractions, whether or not refined, but
not chemically modified
Crude
1511 90
1511 90 10
1510 00 10
1510 00 91
1510 00 99
1511
Free
Free
Free
Free
Free
Free
Import not permitted

through any port in Kerala.
Other:
Refined bleached deodorised palm oil
Free
1511 90 20
Refined bleached deodorized palmolein
Free
1511 90 90
Other
Free

1512
1513 11 00
Sunflower Seed, Safflower or Cotton Seed Oil and their

fractions thereof, whether or not refined, but not
chemically modified
Sunflower Seed or Safflower Oil and fractions thereof :
Crude Oil:
Sunflower Seed Oil
Safflower Seed Oil (Kardi Seed Oil)
Other:
Sunflower oil, edible grade
Sunflower oil, non-edible grade(other than crude oil)
Saffola oil, edible grade
Saffola oil, non-edible grade
Other
Cotton Seed Oil and its fractions:
Crude Oil, whether or not gossypol has been removed
Other:
Edible grade
Other
Coconut (Copra), Palm Kernel or Babassu oil and
fractions thereof, whether or not refined, but not
chemically modified
Coconut (Copra) oil and its fractions:
Crude oil
1513 19 00
Other
1513 21
1513 21 10
Palm Kernel or Babassu oil and fractions thereof:

Crude Oil:
Palm Kernel Oil
Free

1513 29
1513 29 10
Other:
Palm Kernel Oil and its fractions
Free

1512 11
1512 11 10
1512 11 20
1512 19
1512 19 10
1512 19 20
1512 19 30
1512 19 40
1512 19 90
1512 21 00
1512 29
1512 29 10
1512 29 90
1513
1513 29 20
1513 29 30
1513 29 90
1514
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
Import allowed through

STC subject to para 2.11 of
Foreign Trade Policy.
Import allowed through
STC subject to para 2.11 of
Foreign Trade Policy.
Babassu Oil and fractions edible grade

Free
Babassu Oil and fractions, other than edible grade
Free
Other
Free
Rape, Colza or Mustard oil and its fractions thereof,
whether or not refined , but not chemically modified
Low erucic acid rape or colza oil and its factions:
1514 11
Crude oil:
1514 11 10
1514 11 20
1514 11 90
1514 19
1514 19 10
1514 19 20
1514 19 90
1514 91
1514 91 10
1514 91 20
1514 91 90
1514 99
1514 99 10
1514 99 20
1514 99 30
1514 99 90
1515
1515 11 00
1515 19
1515 19 10
1515 19 90
1515 21 00
1515 29
1515 29 10
1515 29 90
1515 30
1515 30 10
1515 30 90
1515 50
1515 50 10
1515 50 91
1515 50 99
1515 90
1515 90 10
1515 90 20
1515 90 30
1515 90 40
1515 90 91
1515 90 99
1516
1516 10 00
1516 20
Colza Oil
Rape Oil
Other
Other:
Refined colza oil of edible grade
Refined mustard oil of edible grade
Other
Other:
Crude oil:
Colza Oil
Mustard Oil
Rapeseed Oil
Other:
Refined colza oil of edible grade
Refined mustard oil of edible grade
Refined rapeseed oil of edible
Other
Other fixed vegetable fats and Oils (including Jojoba oil)
and their fractions, whether or not refined, but not
chemically modified
Linseed Oil and its fractions :
Crude Oil
Other:
Edible grade
Other
Maize (Corn) Oil and its fractions:
Crude oil
Other:
Edible grade
Other
Castor Oil and its fractions:
Edible grade
Other
Seasame oil and its fractions:
Crude oil
Other:
Edible grade
Other
Other:
Fixed vegetable oils, namely the following:Chulmoogra
oil, Mawra oil, Kokam oil, Tabacco seed Oil, Sal Oil
Fixed vegetable Oils, namely the following: Neem Seed
Oil, Karanj Oil, Silk cotton Seed Oil, Khakhon Oil,
Water Melon Oil, Kusum Oil, Rubber seed Oil, Dhup
Oil, Undi Oil, Maroti Oil, Pisa Oil, Nahar Oil
Fixed Vegetable Oils, namely the following : Cardamom
Oil, Chillies/ Capsicum Oil, Turmeric Oil, Ajwain Seed
Oil, Niger Seed Oil, Garlic Oil
Fixed Vegetable Oils of edible grade namely: Mango
Kernel Oil, Mahua Oil, Rice bran Oil
Other:
Edible grade
Other
Animal or Vegetable fats and oils and their fractions,
partly or wholly hydrogenated, inter-esterified, reesterified or eladlnised, whether or not refined, but not
further prepared
Animal fats and oils and their fractions
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
Prohibited
Not permitted to be
imported
Vegetable fats and oils and their fractions:

Cotton Seed oil :
1516 20 11
1516 20 19
1516 20 21
1516 20 29
1516 20 31
1516 20 39
1516 20 91
1516 20 99
Edible grade
Other
Ground nut oil:
Edible grade
Other
Hydrogenated Castor oil (opal wax):
Edible grade
Other
Other:
Edible grade
Other
Free
Free
Free
Free
Free
Free
Free
Free
Source: Directorate General of Foreign Trade(DGFT)
11.2
Export Policy
At present, export of edible oils is prohibited*. The following exemptions are permitted from prohibition
on export of edible oils:
a) Castor oil
b) Coconut oil from all EDI Ports and through all Land Custom Stations (LCS) on Indo-Nepal, IndoBangladesh, Indo-Bhutan and Indo-Pakistan borders.
c) Deemed export of edible oils(as input raw material) from DTA to 100% EOUs for production of
non-edible goods to be exported
d) Edible oils from Domestic Tariff Area (DTA) to Special Economic Zones (SEZs) to be consumed by
SEZ units for manufacture of processed food products, subject to applicable value addition norms
e) Edible oils produced out of minor forest produce, ITC (HS) Code 15159010, 15159020, 15159030,
15159040, 15179010 and 15219020.
f) 10,000 MTs of Organic edible oils per annum. The conditions notified in Notification No. 50 dated
03.06.2011 for export of organic edible oils will continue to apply.
g) Rice Bran oil in bulk.**
*i) DGFTs Notification No 22 (RE 2013)/2009-2014 dated 18 June, 2013)
ii) Export of edible oils in branded consumer packs of upto 5 Kgs is permitted with a Minimum Export Price
of USD 900 per MT(vide DGFTs Notification No. 108 (RE2013)/2009-14dated6th Feb, 2015)
iii) The prohibition will not apply to export of Peanut Butter, ITC (HS) Code 15179020.
(Source: DGFT)
** iv) Bulk export of rice bran oil is allowed vide DGFTs notification no. 17/2015-20 dt 6th Aug 2015.
11.3
HS Code
15071000
15079010
15081000
15089091
15091000
15099010
15111000
151190
Bound Duty, Standard Duty and Current Applied Duty

Table 9: Bound Duty, Standard Duty and Current Applied Duty
Description
Bound Duty
Standard Duty
Current Applied Duty#
Soya- bean Crude Oil
45
45
12.5
Soya- bean Edible grade
45
45
20
Groundnut oil crude
300
100
12.5
Groundnut edible Grade
300
100
20
Olive oil virgin
45
45
12.5
Olive Edible grade
40
40
20
Palm Crude Oil
300
100
7.5*
Other refined palm oil
300
100
15*
151211
300
100
12.5
300
100
20
300
300
75
75
100
100
75
75
12.5
20
12.5
20
75
75
12.5
15149920 Refined mustard oil
75
75
20
15149920 Refined rapeseed oil of

edible grade
75
75
20
15121910
15131100
15131900
15141120
15141910
15149120
Crude sunflower-seed or
safflower oil
Sunflower oil edible
Grade
Crude coconut oil
Other coconut oil
Low erucic rape oil
Refined colza oil of edible
grade
Crude mustard oil
Source: DGFT, Department of Revenue, Government of India and World Trade Organisation (WTO)
# applied duty on crude edible oil has been increased from 7.5% to 12.5% and on refined edible oil from
15% to 20% by Department of Revenue vide Notification No. 46/2014-Customs dated 17.09.2015.
*Current Applied Duty on Crude Palm has been decreased from 12.5% to 7.5% and on refined palm oil from
20% to 15% by Department of Revenue vide Notification No. 51/2016-Customs dated 23.09.2016.

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As on 14.12.

Commodity Profile of Edible Oil for December - 2016

Production Trend of Domestic Oilseeds ................................................................................. 2

Production Trend of Domestic Edible Oils ............................................................................ 3

Global Production Trend of Major Edible Oils ...................................................................... 3

Groundnut oil,Mustrad oil, Sunflower oil, Soyabean oil ............................................................... 3

Major Exporting and Importing Countries of Edible Oils ...................................................... 5

Indias import of major edible oils ..................................................................................... 10

Movement of Domestic and International major Edible Oils Prices .................................... 11

Domestic future prices of Soya bean and Palm oil..13

International future prices of Soya bean and Palmoil.....14

11. Trade Policy.......................................................................................................................... 14

Table 1:Production, Stocks, Trade and Availability of Edible Oils

2. Production Trend of Domestic Oilseeds

Figure 1: Production Trend of Domestic Oilseeds

Source: Directorate of Economics and Statistics

3. Production Trend of Domestic Edible Oils

Figure 2: Production Trend of Domestic Edible oil

Source: Directorate of Vanaspati, Vegetable oil and Fats (DVVOF)

4. Global Production Trend of Major Edible Oils

Figure 3: Production Trend Groundnut Oil

Source: United States Department of Agriculture

Figure 4: Production Trend Mustard Oil

Source: United States Department of Agriculture

Figure 5: Production Trend Sunflower Oil

Source: United States Department of Agriculture

Ukraine is expected to be the largest producer followed by Russia and EU in 2015-16.

Figure 6: Production Trend Soybean Oil

Source: United States Department of Agriculture

5. Major Exporting and Importing Countries of Edible Oils

Figure 7 : Major Exporting countries of Groundnut Oil

Figure 8 : Major Importing countries of Groundnut Oil

Figure 9 : Major Exporting Countries of Mustard Oil

Figure 10 : Major Importing Countries of Mustard Oil

Figure 11 : Major Exporting Countries of Sunflower Oil

Figure 12 : Major Importing Countries of Sunflower Oil

Figure 13 : Major Exporting Countries of Soybean Oil

Paragua German Netherl

Figure 14 : Major Importing Countries of Soybean Oil

Figure 15: Major Exporting Countries of Palm Oil

Indonesia and Malaysia hold both competitive as well as comparative advantage in

Figure 16: Major Importing Countries of Palm Oil

6. Indias import of major edible oils

7. Indias top importsourcesof Palm, Soya and Sunflower Oils

8. Movement of Domestic and International Edible Oils Prices

Figure 17: Movement of Groundnut Oil Price

Domestic (Rajkot, Refined without VAT)

International (Any origin, cif Rotterdam)

Figure 18: Movement of MustardOil Price

Domestic (Kota, Expeller without VAT)

International (Rape oil (Dutch, fob ex-mill)

Figure 19: Movement of Sunflower Oil Price

Domestic (Chennai, Refined & Expeller with VAT)

International Sun oil (CIF Ukraine Origin)

Figure 20: Movement of SoybeanOil Price

Domestic (Indore, Refined without VAT)

International(Soya oil CIF Argentina origin)

Figure 21: Movement of Palm Oil Price

Palm oil International prices at Kandla, Crude 5% FFA

Table 4: Soya bean oil future prices

Source: National Commodity & Derivatives Exchange Limited

Table 5: Crude Palm oil future prices

Source:Multi Commodity Exchange of India Ltd