Increase in stock of edible oils at Indian ports

23-Jun-2025 10:54 AM

Mumbai. Due to a significant rise in palm oil imports during May and its continuation in June, the total stock of edible oils at Indian ports has increased.

As per the available data, the stock rose by 12 percent from 6,83,312 tonnes on 31 May 2025 to 7,65,647 tonnes on 15 June 2025.

Several ships loaded with imported edible oils are currently awaiting clearance at Kandla Port in Gujarat, with more vessels expected to arrive soon.

During this period, the stock of crude palm oil (CPO) at Indian ports jumped 46 percent from 1,61,535 tonnes to 2,35,675 tonnes, RBD palmolein stock rose 36 percent from 67,316 tonnes to 91,424 tonnes, and crude sunflower oil stock increased 14 percent from 2,22,167 tonnes to 2,53,859 tonnes.

However, the stock of crude degummed soybean oil declined by 19 percent to 1,77,362 tonnes from 2,20,050 tonnes. Additionally, the stock of other edible oils surged 84 percent from 3,973 tonnes to 7,327 tonnes.

Despite this stock build-up, the prices of palm oil in Malaysia and Indonesia and soybean oil in the US and Argentina have started rising again. This may partially impact edible oil imports in the coming months.

Nonetheless, June imports are expected to remain strong, leading to a further rise in port stocks by the end of the month.

Clearance of edible oil consignments at ports is currently slow, with ships waiting 8–10 days. This delay could disrupt the domestic supply chain.

Moreover, due to rising prices in exporting countries, some Indian importers have reportedly cancelled previous import deals scheduled for July–September delivery. The futures price of crude palm oil in Malaysia has once again risen above 4,000 ringgit per tonne.