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As on 17.06.

2016

Commodity Profile of Edible Oil for June - 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 ............................................... 18

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 J u n e - 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
Apr,2016
Estimates*
9.54
Production
11.96
Imports
7.62**
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-Apr, 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 in
2015-16 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 from 4.70 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.

2|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 J u n e - 2 0 1 6

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 2015-16 may be around 20
percent.

3|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 J u n e - 2 0 1 6

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

Source: United States Department of Agriculture

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

Source: United States Department of Agriculture

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.

4|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 J u n e - 2 0 1 6

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

2012/13 11.626

8.99

6.364

6.76

2013/14 12.245

9.036

7.1

7.1

2014/15

13.28

9.662

7.525

2015/16

14.23

9.804

7.86

China

India

Paragu
Mexico
ay

Russia

2.317

1.69

0.565

0.653

0.437

0.39

2.242

1.638

0.67

0.69

0.491

0.355

7.57

2.642

1.315

0.707

0.765

0.69

0.41

7.59

2.755

1.63

0.783

0.78

0.71

0.43

Bolivia

Source: United States Department of Agriculture

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.

5|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 J u n e - 2 0 1 6

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 Exportng 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.

6|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 J u n e - 2 0 1 6

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 6th largest 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.

7|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 J u n e - 2 0 1 6

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.

8|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 J u n e - 2 0 1 6

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.

9|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 J u n e - 2 0 1 6

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

Year
2011-12
2012-13
2013-14
2014-15
2015-16

(Million Tonnes)
Table 2:Indias Import of Major Edible Oils during 2011-12 to 2015-16
Soybean Oil
Palm Oil
Sunflower Oil
0.8
6.5
0.8
1.1
8.4
1.1
1.3
7.6
1.1
2.3
8.1
1.7
3.9
9.6
1.4

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 import sources of 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 J u n e - 2 0 1 6

8. Movement of Domestic and International Edible Oils Prices


I.

Groundnut oil

Figure 17: Movement of Groundnut Oil Price


120000
Rs per Tonnes

110000
100000
90000
80000
70000

Domestic (Rajkot, Refined without VAT)

May-16

Apr-16

Mar-16

Feb-16

Jan-16

Dec-15

Nov-15

Oct-15

Sep-15

Aug-15

Jul-15

Jun-15

May-15

Apr-15

Mar-15

Feb-15

Jan-15

Dec-14

Nov-14

Oct-14

Sep-14

Aug-14

Jul-14

Jun-14

May-14

Apr-14

60000

International (Any origin, cif Rotterdam)

Source: Domestic Price Agriwatch and International Price are FAO Prices.

II.

Domestic prices of Groundnut oil are higher than that of International prices since Jan,
2015.
Mustard oil

Figure 18: Movement of MustardOil Price


100000
Rs per Tonnes

90000
80000
70000
60000
50000
May-16

Apr-16

Mar-16

Feb-16

Jan-16

Dec-15

Nov-15

Oct-15

Sep-15

Aug-15

Jul-15

Jun-15

May-15

Apr-15

Mar-15

Jan-15

Domestic (Kota, Expeller without VAT)

Feb-15

Dec-14

Nov-14

Oct-14

Sep-14

Aug-14

Jul-14

Jun-14

May-14

Apr-14

40000

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.

11 | 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 J u n e - 2 0 1 6

III.

Sunflower oil

Figure 19: Movement of Sunflower Oil Price


85000
Rs per Tonnes

80000
75000
70000
65000
60000
55000

Domestic (Chennai, Refined & Expeller with VAT)

May-16

Apr-16

Mar-16

Feb-16

Jan-16

Dec-15

Nov-15

Oct-15

Sep-15

Aug-15

Jul-15

Jun-15

May-15

Apr-15

Mar-15

Feb-15

Jan-15

Dec-14

Nov-14

Oct-14

Sep-14

Aug-14

Jul-14

Jun-14

May-14

Apr-14

50000

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

Domestic (Indore, Refined without VAT)

May-16

Apr-16

Mar-16

Feb-16

Jan-16

Dec-15

Nov-15

Oct-15

Sep-15

Aug-15

Jul-15

Jun-15

May-15

Apr-15

Mar-15

Feb-15

Jan-15

Dec-14

Nov-14

Oct-14

Sep-14

Aug-14

Jul-14

Jun-14

May-14

Apr-14

40000

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.

12 | 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 J u n e - 2 0 1 6

V.

Palm oil

Figure 21: Movement of Palm Oil Price


60000

Rs per Tonnes

55000
50000
45000
40000
35000
May-16

Apr-16

Mar-16

Feb-16

Jan-16

Dec-15

Oct-15

Nov-15

Sep-15

Aug-15

Jul-15

Jun-15

May-15

Apr-15

Mar-15

Feb-15

Jan-15

Dec-14

Nov-14

Oct-14

Sep-14

Aug-14

Jul-14

Jun-14

May-14

Apr-14

30000

Palm oil International prices at Kandla, Crude 5% FFA


Source: International landing Price at Kandla, Agriwatch.

International price of palm oils are showing increasing trend from November 2015.
Domestic future prices of Soya bean and Palm oil

9.

Unit: Rs/Quintal
Table 4: Soya bean oil future prices
Contract
Month

As on
09.06.16

June-16
July-16
Aug-16
Sept-16

Week
ago
02.06.16

Month ago
9.05.16

3 Months ago
09.03.15

6 Months
ago
09.12.15

Year
ago
09.06.15

% Change over
previous year

6423.5

6522.5

6639

6365.5

6326.5

5936.5

8.2

6557

6629.5

6686

6325.5

6314

5891.5

11.3

6660

6693.5

6687

6113.5

6102

9.14

6700

6702.5

6674

6101.5

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
Table 5: Crude Palm oil future prices
Contract
Month

As on
09.06.16

June-16
July -16
Aug-16
Sept-16

Week ago
02.06.16

Month ago
09.05.16

3 Months
ago 9.3.16

6 Months
ago
09.12.15

Year ago
09.06.15

% Chang
over
previous year

5254

5307

5464

4993

4421

4610

13.97

5254

5307

5464

4993

4421

4610

13.97

5219

5265

5405

4993

4421

4615

13.09

5184

5183

5428

4622

12.16

Source:Multi Commodity Exchange of India Ltd

Domestic future price for Crude Palm oil is expected to increase over the previous year.

13 | 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 J u n e - 2 0 1 6

10.

International future prices of Soya bean and Crude Palm Oil


Unit: USD/Tonnes

Table 6: Soya bean oil future prices


Contract
Month

Jul -16
Aug-16
Sept-16
Oct-16
Dec-16
Jan-17

As on
09.06.16

Week ago
2.06.16

Month ago
09.05.16

3 Months
ago
09.03.16

6 Months
ago
09.12.16

Year ago
09.06.15

% Change
over
previous
year

728.18

711.2

723.77

705.03

697.54

748.02

-2.65

731.27

713.63

726.42

707.02

697.76

748.68

-2.33

734.13

716.05

729.06

709

698.42

749.78

-2.09

737

718.26

731.49

710.76

695.99

750.45

-1.79

743.39

724.87

735.45

714.51

680.34

753.97

-1.4

746.48

726.86

737.66

719.58

685.85

757.28

-1.43

Source: CME Soybean Oil Prices

International future prices of Soya bean are expected to decrease over the last year.
Unit: USD/Tonnes

Table 7: Palm oil future prices


Contract
Month

Jun -16
Jul -16
Aug-16
Sept-16
Dec-16

As on
09.06.16

Week ago
2.05.16

Month ago
09.05.16

3 Months
ago
09.03.16

6 Months
ago
09.12.15

Year ago
09.06.15

647.15

632.24

655.07

620.54

638.04

646.72

654.82

613.94

581.53

645.68

-1.18

634.84

644.06

649.15

604.16

610.58

3.97

630.17

639

643.23

597.31

580.36

612.73

2.85

623.77

633.69

638.05

613.8

1.62

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

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

Policy
Conditions

Free
Free
Free

Free
Free
Free

14 | 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 J u n e - 2 0 1 6

Remarks

% Change
over
previous
year

1508 90 99
1509

1511 10 00

Other
Olive Oil and its fractions, whether or not refined
but not chemically modified
Virgin
Other:
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

1509 10 00
1509 90
1509 90 10
1509 90 90
1510

1510 00 10
1510 00 91
1510 00 99
1511

Free

Free
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

Import not permitted through


any port in Kerala.
Import not permitted through
any port in Kerala.
Import not permitted through
any port in Kerala.

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

Import not permitted through


any port in Kerala.

1513 29
1513 29 10

Other:
Palm Kernel Oil and its fractions

Free

Import not permitted through

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

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.

15 | 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 J u n e - 2 0 1 6

any port in Kerala.


1513 29 20
1513 29 30
1513 29 90
1514

1514 11
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

Babassu Oil and fractions edible grade


Babassu Oil and fractions, other than edible grade
Other
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:
Crude oil:
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

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

Free

Free

16 | 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 J u n e - 2 0 1 6

1515 90 99
1516

1516 10 00
1516 20
1516 20 11
1516 20 19
1516 20 21
1516 20 29
1516 20 31
1516 20 39
1516 20 91
1516 20 99

Other
Animal or Vegetable fats and oils and their
fractions, partly or wholly hydrogenated, interesterified, re-esterified or eladlnised, whether or not
refined, but not further prepared
Animal fats and oils and their fractions
Vegetable fats and oils and their fractions:
Cotton Seed oil :
Edible grade
Other
Ground nut oil:
Edible grade
Other
Hydrogenated Castor oil (opal wax):
Edible grade
Other
Other:
Edible grade
Other

Free

Prohibited

Not permitted to be imported

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 prohibition*. The following exemptions are permitted from the
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.

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11.3

Bound Duty, Standard Duty and Current Applied Duty

Table 9: Bound Duty, Standard Duty and Current Applied Duty


HS Code

Description

Bound Duty

Standard Duty

Current Applied Duty#

15071000
15079010
15081000
15089091
15091000
15099010
15111000
151190
151211

Soya- bean Crude Oil


Soya- bean Edible grade
Groundnut oil crude
Groundnut edible Grade
Olive oil virgin
Olive Edible grade
Palm Crude Oil
Other refined palm oil
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

45
45
300
300
45
40
300
300
300

45
45
100
100
45
40
100
100
100

12.5
20
12.5
20
12.5
20
12.5
20
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

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.

18 | 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 J u n e - 2 0 1 6

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