Edible Oil Govt Report

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 A u g u s t - 2 0 1 5

As on 17.08.2015

Commodity Profile of Edible Oil for August - 2015

Contents

1. Edible Oil estimates for India ( marketing year- November 2014- October 2015) ................ 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. India’s import of major edible oils ..................................................................................... 10

7. India’s 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 Palm oil…………...…..……………………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. Edible Oil estimates for India (marketing year- November 2014- October 2015)

(Unit: Million Tonnes)

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

2013-14 2014-15

Estimates*

June,2015 Source

10.79 9.74 Production - DVVOF

10.94 10.94 Imports 8.82** DOC

21.73 20.68 Availability -

0.71 0.59 Export and Industrial use - DVVOF

21.02 20.09 Total Available for domestic

consumption

-

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

* For 2014-15 estimates, production and export & industrial use are taken from Directorate of Vanaspati, Vegetable oil

and Fats (DVVOF) and import as last year.

**Figure of import is for the period Nov-June, 2014-15.

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 7.91 million MT) of edible oils in

2014-15 may be less than that of the actual production (i.e, 8.08 million MT) in 2013-14.

2. Production Trend of Domestic Oilseeds

Source: Directorate of Economics and Statistics

India’s Soybean production has increased in the last 10 years at CAGR of 4.54 percent.

Production of Groundnut increased substantially from 4.60 million tons in 2012-13 to

9.67 million tonnes 2013-14 showing a growth of about 110%. However, production is

estimated to be at 6.65 million tons in 2014-15.

0

2

4

6

8

10

12

14

16

Mill

ion

To

nn

es

Figure 1: Production Trend of Domestic Oilseeds

Groundnut Rapeseed Soyabean Sunflower


3. Production Trend of Domestic Edible Oils

Source: Directorate of Economic and Statistics

Soybean oil production has increased in the last 10 years at CAGR of 5.67 percent.

Production of Rapeseed oil has increased in the last 10 years at CAGR of 0.46 percent.

4. Global Production Trend of Major Edible Oils

A) Groundnut oil

Source: United States Department of Agriculture

China is the top producer followed by India and Burma in 2014-15.

India’s share in global production of Groundnut Oil in 2014-15 was 26.22 percent.

0

0.5

1

1.5

2

2.5

3M

lillio

n T

on

ne

s

Figure 2: Production Trend of Domestic Edible Oils

Groundnut Oil Rapeseed Oil Soyabean Oil Sunflower Oil

China India Burma Nigeria SudanTanzani

aSenegal

Argentin

a

United

StatesBurkina

2011/12 2.532 1.16 0.25 0.28 0.15 0.117 0.117 0.061 0.085 0.055

2012/13 2.686 1.18 0.27 0.263 0.15 0.133 0.115 0.074 0.095 0.055

2013/14 2.725 1.22 0.27 0.263 0.155 0.133 0.115 0.085 0.093 0.055

2014/15 2.76 1.4 0.27 0.263 0.155 0.133 0.115 0.094 0.093 0.055

0

0.5

1

1.5

2

2.5

3

Mil

lio

n T

on

nes

Figure 3: Production Trend Groundnut Oil


B) Mustard Oil


European Union (EU) is the top producer followed by China and Canada in 2014-15.

India is the fourth largest producer.

India’s share in global production of mustard oil in 2014-15 was 10.40 percent.

C) Sunflower oil


Ukraine is the largest producer followed by Russia and EU in 2014-15. India is the 9th

largest producer.

India’s share in global production of sunflower oil in 2014-15 was 1.37 percent.

EU China Canada India Japan US Mexico Russia Pakistan UAE

2011/12 8.98 5.725 3.07 2.2 1 0.507 0.608 0.374 0.48 0.345

2012/13 9.424 6.045 2.95 2.35 1.055 0.573 0.58 0.416 0.395 0.264

2013/14 9.495 6.259 3.16 2.5 1.012 0.704 0.58 0.478 0.415 0.293

2014/15 9.546 6.08 3.23 2.6 1.012 0.715 0.6 0.488 0.415 0.293

0

2

4

6

8

10

12

Mill

ion

To

nn

es

Figure 4: Production Trend of Mustard Oil

Ukraine Russia EUArgentin

aTurkey China

SouthAfrica

Pakistan IndiaUnitedStates

2011/12 3.933 3.552 2.937 1.565 0.718 0.348 0.272 0.34 0.205 0.149

2012/13 3.615 3.117 2.753 0.99 0.769 0.476 0.278 0.285 0.22 0.196

2013/14 4.515 3.851 2.937 1.16 0.875 0.49 0.335 0.313 0.21 0.181

2014/15 4.175 3.92 2.926 1.18 0.867 0.455 0.335 0.33 0.2 0.172

0

1

2

3

4

5

Mill

ion

To

nn

es

Figure 5: Production Trend of Sunflower Oil


D) Soybean oil


China, United States, Argentina and Brazil are the key producers of Soybean oil in 2014-

15.

India’s share in global production of Soybean Oil in 2014-15 is around 4.13 percent.

5. Major Exporting and Importing Countries of Edible Oils

A. Groundnut oil


Argentina and Brazil are the top two exporting countries of Groundnut oil in 2014-15.

India is the 8th

largest exporting country of groundnut oil in the world.

China USArgenti

naBrazil EU India Mexico

Paragua

yRussia Bolivia

2011/12 10.914 8.954 6.839 7.31 2.226 1.71 0.657 0.172 0.43 0.355

2012/13 11.626 8.99 6.364 6.76 2.317 1.69 0.653 0.565 0.437 0.39

2013/14 12.245 9.036 7.1 7.1 2.242 1.638 0.69 0.67 0.491 0.355

2014/15 12.985 8.985 7.6 7.12 2.283 1.78 0.71 0.708 0.501 0.375

02468

101214

Mil

lio

n T

on

nes

Figure 6: Production Trend of Soybean Oil

Argenti

naBrazil US Mali Senegal China Sudan India

Gambia

, TheNigeria

2011/12 0.055 0.038 0.007 0.019 0.018 0.009 0.005 0.02 0.005 0.003

2012/13 0.069 0.063 0.006 0.019 0.015 0.006 0.005 0.004 0.005 0.003

2013/14 0.074 0.045 0.003 0.019 0.015 0.01 0.005 0.004 0.005 0.003

2014/15 0.083 0.036 0.019 0.019 0.015 0.01 0.005 0.005 0.005 0.003

00.010.020.030.040.050.060.070.080.09

Mil

lio

n T

on

nes

Figure 7: Major Exporting Countries of Groundnut Oil



EU and China are the major importing bloc/country of groundnut oil in 2014-15.

B. Mustard oil


Canada is the largest exporter of Mustard oil in the world followed by EU and Russia.

EU China USHong

Kong

Switzerlan

dNigeria Malaysia Japan

2011/12 0.067 0.062 0.013 0.008 0.005 0.001 0.001 0.001

2012/13 0.066 0.065 0.005 0.012 0.005 0.001 0.001 0.001

2013/14 0.08 0.05 0.018 0.012 0.005 0.001 0.001 0.001

2014/15 0.084 0.05 0.016 0.012 0.005 0.001 0.001 0

0

0.01

0.02

0.03

0.04

0.05

0.06

0.07

0.08

0.09

Mil

lio

n T

on

nes

Figure 8: Major Importing Countries of Groundnut Oil

Canada EU Russia UAE US BelarusAustrali

aUkraine

Paragua

y

Hong

Kong

2011/12 2.676 0.23 0.226 0.318 0.301 0.046 0.112 0.014 0.012 0.013

2012/13 2.516 0.445 0.203 0.272 0.215 0.104 0.129 0.004 0.013 0.014

2013/14 2.5 0.38 0.3 0.265 0.136 0.12 0.115 0.058 0.013 0.014

2014/15 2.66 0.4 0.28 0.263 0.2 0.13 0.115 0.05 0.014 0.014

0

0.5

1

1.5

2

2.5

3

Mil

lio

n T

on

nes

Figure 9: Major Exporting Countries of Mustard Oil



The US and China are the leading importing countries of Mustard oil in the world. India

is the 9th largest importing country in 2014-15.

C. Sunflower oil


Ukraine and Russia are the top two global exporters of sunflower oil during 2014-15.

US China Norway EUKorea,

SouthCanada Chile Mexico India

Hong

Kong

2011/12 1.492 1.036 0.315 0.607 0.103 0.092 0.044 0.048 0.098 0.054

2012/13 1.252 1.598 0.314 0.21 0.082 0.17 0.045 0.042 0.008 0.045

2013/14 1.475 1.3 0.35 0.3 0.1 0.08 0.065 0.055 0.1 0.045

2014/15 1.7 1.4 0.35 0.3 0.1 0.08 0.06 0.057 0.05 0.047

00.20.40.60.8

11.21.41.61.8

Mill

ion

To

nn

es

Figure 10: Major Importing Countries of Mustard Oil

Ukraine RussiaArgenti

naTurkey EU Bolivia Serbia

Moldov

a

South

AfricaMexico

2011/12 3.263 1.427 0.79 0.271 0.208 0.083 0.094 0.076 0.042 0.033

2012/13 3.245 0.942 0.35 0.289 0.239 0.07 0.096 0.033 0.031 0.032

2013/14 3.76 1.55 0.52 0.43 0.27 0.08 0.075 0.05 0.04 0.026

2014/15 3.7 1.65 0.5 0.4 0.22 0.1 0.08 0.06 0.04 0.026

00.5

11.5

22.5

33.5

4

Mil

lio

n T

on

nes

Figure 11: Major Exporting Countries of Sunflower Oils



India is the largest importer of Sunflower oil followed by EU, Egypt, and Turkey during

2014-15.

There is a secular increase in the importation of Sunflower oil of China.

D. Soybean oil


Argentina is the largest exporting country in the world followed by Brazil, EU, and the

US during 2014-15.

India EU Egypt Turkey China Iran Iraq AlgeriaUzbeki

stanBelarus

2011/12 1.114 0.991 0.94 0.651 0.122 0.333 0.216 0.229 0.123 0.098

2012/13 0.939 0.942 0.62 0.657 0.362 0.163 0.197 0.048 0.111 0.097

2013/14 1.3 1 0.8 0.75 0.45 0.3 0.3 0.2 0.13 0.11

2014/15 1.4 0.95 0.9 0.68 0.5 0.35 0.3 0.21 0.12 0.115

00.20.40.60.8

11.21.41.6

Mil

lio

n T

on

nes

Figure 12: Major Importing Countries of Sunflower Oil

Argenti

naBrazil EU US

Paragua

yBolivia Russia

Malaysi

aCanada Ukraine

2011/12 3.794 1.885 0.741 0.664 0.127 0.224 0.142 0.157 0.073 0.053

2012/13 4.244 1.251 1.013 0.982 0.558 0.26 0.129 0.13 0.103 0.068

2013/14 4.42 1.4 0.8 0.794 0.615 0.26 0.27 0.133 0.1 0.09

2014/15 4.72 1.3 0.8 0.771 0.65 0.26 0.21 0.134 0.11 0.09

00.5

11.5

22.5

33.5

44.5

5

Mil

lio

n T

on

nes

Figure 13: Major Exporting Countries of Soybean Oil



India is the largest importer of soybean oil that constituted 17.55 percent of the global

import in the year 2014-15.

E. Palm oil


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

exportation of Palm oil in the world.

India China Iran AlgeriaVenezu

elaPeru

Morocc

o

Bangla

desh

Korea,

SouthEgypt

2011/12 1.174 1.502 0.411 0.438 0.415 0.344 0.367 0.42 0.343 0

2012/13 1.086 1.409 0.543 0.575 0.374 0.363 0.364 0.397 0.3 0.324

2013/14 1.55 1.28 0.63 0.585 0.4 0.37 0.4 0.355 0.35 0.325

2014/15 1.65 1.35 0.65 0.6 0.42 0.38 0.375 0.37 0.35 0.325

00.20.40.60.8

11.21.41.61.8

Mil

lio

n T

on

nes

Figure 14: Major Importing Countries of Soybean Oil

Indonesia Malaysia Papua New

Guinea Thailand Benin

2011/12 18.45 17.59 0.59 0.29 0.25

2012/13 20.37 18.52 0.56 0.55 0.43

2013/14 20.40 17.30 0.64 0.55 0.39

2014/15 22.00 17.70 0.64 0.58 0.39

0.00

5.00

10.00

15.00

20.00

25.00

Mil

lio

n T

on

nes

Figure 15: Major Exporting Countries of Palm Oil



India is the largest importer of Palm oil in the world followed by China, EU and Pakistan.

6. India’s import of major edible oils

(Million Tonnes)

Table 2: India’s Import of Major Edible Oils during 2011-12 to 2015-16

Year Soybean Oil Palm Oil Sunflower Oil

2011-12 0.8 6.5 0.8

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(April-May) 0.4 1.5 0.2

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. India’s top import sources of Palm, Soya and Sunflower Oils

Table 3: India’s 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

India China European

Union

Pakistan United

StatesBanglade

sh

Egypt Iran

2011/12 7.5 5.8 5.7 2.2 1.0 1.0 1.4 0.6

2012/13 8.3 6.6 6.8 2.2 1.3 1.0 1.0 0.7

2013/14 8.3 6.3 6.2 2.5 1.4 1.1 1.4 0.7

2014/15 8.8 6.6 6.3 2.7 1.4 1.3 1.3 0.8

0.0

1.0

2.0

3.0

4.0

5.0

6.0

7.0

8.0

9.0

10.0M

illi

on

To

nn

es

Figure 16: Major Importing Countries of Palm oil


8. Movement of Domestic and International Edible Oils Prices

I. Groundnut oil

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

Domestic prices of Groundnut oil are lower than that of International prices during July

2013 to April 2014 and June to December 2014.

II. Mustard oil

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.

Since April 2015, the domestic price as well as international prices are showing

increasing trend.

60000

70000

80000

90000

100000

110000

120000

130000A

pr-

13

May

-13

Jun

-13

Jul-

13

Au

g-1

3

Sep

-13

Oct

-13

No

v-1

3

Dec

-13

Jan

-14

Feb

-14

Mar

-14

Ap

r-1

4

May

-14

Jun

-14

Jul-

14

Au

g-1

4

Sep

-14

Oct

-14

No

v-1

4

Dec

-14

Jan

-15

Feb

-15

Mar

-15

Ap

r-1

5

May

-15

Jun

-15

Jul-

15

Rs

pe

r To

nn

es

Figure 17: Movement of Groundnut Oil Price

Domestic (Rajkot, Refined without VAT) International (Any origin, cif Rotterdam)

40000450005000055000600006500070000750008000085000

Ap

r-1

3

May

-13

Jun

-13

Jul-

13

Au

g-1

3

Sep

-13

Oct

-13

No

v-13

Dec

-13

Jan

-14

Feb

-14

Mar

-14

Ap

r-1

4

May

-14

Jun

-14

Jul-

14

Au

g-1

4

Sep

-14

Oct

-14

No

v-14

Dec

-14

Jan

-15

Feb

-15

Mar

-15

Ap

r-1

5

May

-15

Jun

-15

Jul-

15

Rs

pe

r To

nn

es

Figure 18: Movement of MustardOil Price

Domestic (Kota, Expeller without VAT) International (Rape oil (Dutch, fob ex-mill)


III. Sunflower oil

Source: Domestic Price Agriwatch and International Price are CIF Ukraine origin Prices.

Domestic prices of Sunflower oil are higher that International prices throughout.

IV. Soybean oil

Source: Domestic Price Agriwatch and International Price are CIF Argentina origin Prices.

Domestic prices of soybean oil are higher than International prices throughout period.

50000

55000

60000

65000

70000

75000

80000

85000

90000

Ap

r-1

3

May

-13

Jun

-13

Jul-

13

Au

g-1

3

Sep

-13

Oct

-13

No

v-1

3

Dec

-13

Jan

-14

Feb

-14

Mar

-14

Ap

r-1

4

May

-14

Jun

-14

Jul-

14

Au

g-1

4

Sep

-14

Oct

-14

No

v-1

4

Dec

-14

Jan

-15

Feb

-15

Mar

-15

Ap

r-1

5

May

-15

Jun

-15

Jul-

15

Rs

pe

r To

nn

es

Figure 19: Movement of Sunflower Oil Price

Domestic (Chennai, Refined & Expeller with VAT) International Sun oil (CIF Ukraine Origin)

40000

45000

50000

55000

60000

65000

70000

75000

Ap

r-1

3

May

-13

Jun

-13

Jul-

13

Au

g-1

3

Sep

-13

Oct

-13

No

v-13

Dec

-13

Jan

-14

Feb

-14

Mar

-14

Ap

r-1

4

May

-14

Jun

-14

Jul-

14

Au

g-1

4

Sep

-14

Oct

-14

No

v-14

Dec

-14

Jan

-15

Feb

-15

Mar

-15

Ap

r-1

5

May

-15

Jun

-15

Jul-

15

Rs

pe

r To

nn

es

Figure 20: Movement of SoybeanOil Price

Domestic (Indore, Refined without VAT) International(Soya oil CIF Argentina origin)


V. Palm oil

Source: International landing Price at Kandla, Agriwatch.

International price of palm oils are showing mixed trend from December 2014.

9. Domestic future prices of Soya bean and Palm oil

Unit: Rs/Quintal

Table – 4: Soya bean oil future prices

Contract

Month

As on

13.08.15

Week ago

6.08.15

Month ago

13.07.15

3 Months

ago

13.05.15

6 Months

ago

13.02.15

Year ago

13.08.14

% Change

over

previous

year

Aug-15 5788.5 5662.5 5836.0 6028.0 6191.0 6660.0 -15.06

Oct-15 5607.5 5533.5 5697.0 5929.0 6048.0 6576.0 -17.27

Nov-15 5515.5 5450.0 5670.0 5889.0 5868.5 6102.0 -10.71

Dec-15 5486.0 2405.0 5672.0 5888.5 5844.0 6052.0 -10.32 Source: National Commodity & Derivatives Exchange Limited

Future price for Soya bean oil is expected to decrease over the previous year.

Unit: Rs/ Quintal

Table – 5: Crude Palm oil future prices

Contract

Month

As on

13.08.15

Week ago

6.08.15

Month ago

13.07.15

3 Months

ago

13.05.15

6 Months

ago

13.02.15

Year ago

13.08.14

% Chang

over

previous

year

Aug-15 3935.0 4016.0 4336.0 4533.0 4635.0 4880.0 -24.02

Oct-15 3970.0 4022.0 4334.0 4541.0 4700.0 4818.0 -21.36

Nov-15 4022.0 4041.0 4345.0 − 4734.0 4802.0 -19.39 Source: Multi Commodity Exchange of India Ltd

Future price for Crude Palm bean oil is expected to decrease over the previous year.

30000

35000

40000

45000

50000

55000

60000

Ap

r-1

3

May

-13

Jun

-13

Jul-

13

Au

g-1

3

Sep

-13

Oct

-13

No

v-1

3

Dec

-13

Jan

-14

Feb

-14

Mar

-14

Ap

r-1

4

May

-14

Jun

-14

Jul-

14

Au

g-1

4

Sep

-14

Oct

-14

No

v-1

4

Dec

-14

Jan

-15

Feb

-15

Mar

-15

Ap

r-1

5

May

-15

Jun

-15

Jul-

15

Rs

pe

r To

nn

es

Figure 21: Movement of Palm Oil Price

Palm oil International prices at Kandla, Crude 5% FFA


10. International future prices of Soya bean and Crude Palm Oil

Unit: USD/Tonnes

Table – 6: Soya bean oil future prices

Contract

Month

As on

13.08.15

Week ago

6.08.15

Month ago

13.07.15

3 Months

ago

13.05.15

6 Months

ago

13.02.15

Year ago

13.08.14

% Chang

over

previous

year

Aug-15 637.36 653.89 721.79 733.48 723.34 748.47 -17.43

Oct-15 639.12 655.87 724.00 734.36 722.23 749.13 -17.21

Nov-15 641.54 658.30 726.20 734.58 716.94 750.67 -17.01

Dec-15 646.17 662.93 731.93 738.33 716.72 756.63 -17.09

Jan-16 652.35 668.44 735.90 734.58 721.57 762.36 -16.86

Mar-16 656.98 672.41 736.78 735.46 714.30 768.97 -17.05

May-16 659.62 674.83 734.58 729.95 718.49 775.14 -17.51

Jul-16 662.49 677.48 719.81 732.82 722.23 779.99 -17.74

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

As on

13.08.15

Week ago

6.08.15

Month ago

13.07.15

3 Months

ago

13.05.15

6 Months

ago

13.02.15

Year ago

13.08.14

% Chang

over

previous

year

Aug-15 502.01 510.03 551.88 553.88 569.17 538.85 -7.34

Oct-15 508.02 511.28 551.63 552.88 572.68 534.59 -5.23

Nov-15 513.28 514.29 552.63 553.13 573.18 534.84 -4.2

Dec-15 521.80 519.80 556.14 553.63 570.43 539.10 -3.31

Jan-16 532.58 527.32 575.94 555.39 564.16 545.11 -2.35

Mar-16 547.12 540.85 586.72 557.64 551.88 550.13 -0.55

May-16 557.89 549.87 597.49 566.92 549.37 552.63 0.94

Jul-16 557.89 550.63 601.25 575.44 555.39 553.13 0.85

International future prices of Palm oil are expected to decrease over the last year.

11. Trade Policy

11.1 Import Policy

Table-8: Import Policy

HS Code Item Description Policy

Conditions

Remarks

1507 Soya-bean oil and its fractions, whether or not

refined, but not chemically modified

1507 10 00 Crude, whether or not degummed Free

1507 90 Other:

1507 90 10 Edible grade Free

1507 90 90 Other Free

1508 Groundnut Oil and its fractions, whether or not

refined but not chemically modified

1508 10 00 Crude Free


1508 90 Other:

1508 90 10 Deodorized (Salad Oil) Free

Other :

1508 90 91 Edible Grade Free


1509 Olive Oil and its fractions, whether or not refined

but not chemically modified

1509 10 00 Virgin Free

1509 90 Other:



1510 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

1510 00 10 Crude oil Free

1510 00 91 Edible Grade Free


1511 Palm Oil and its fractions, whether or not refined,

but not chemically modified

1511 10 00 Crude Free Import not permitted through

any port in Kerala.

1511 90 Other:

1511 90 10 Refined bleached deodorised palm oil Free Import not permitted through

any port in Kerala.

1511 90 20 Refined bleached deodorised palmolein Free Import not permitted through

any port in Kerala.

1511 90 90 Other Free Import not permitted through

any port in Kerala.

1512 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 :

1512 11 Crude Oil:

1512 11 10 Sunflower Seed Oil Free

1512 11 20 Safflower Seed Oil (Kardi Seed Oil) Free

1512 19 Other:

1512 19 10 Sunflower oil, edible grade Free

1512 19 20 Sunflower oil, non-edible grade(other than crude

oil)

Free

1512 19 30 Saffola oil, edible grade Free

1512 19 40 Saffola oil, non-edible grade Free


Cotton Seed Oil and its fractions:

1512 21 00 Crude Oil, whether or not gossypol has been

removed

Free

1512 29 Other:



1513 Coconut (Copra), Palm Kernel or Babassu oil and

fractions thereof, whether or not refined, but not

chemically modified

Coconut (Copra) oil and its fractions:

1513 11 00 Crude oil Import allowed through STC

subject to para 2.11 of Foreign

Trade Policy.

1513 19 00 Other Import allowed through STC

subject to para 2.11 of Foreign

Trade Policy.

Palm Kernel or Babassu oil and fractions thereof:

1513 21 Crude Oil:


1513 21 10 Palm Kernel Oil Free Import not permitted through

any port in Kerala.

1513 29 Other:

1513 29 10 Palm Kernel Oil and its fractions Free Import not permitted through

any port in Kerala.

1513 29 20 Babassu Oil and fractions edible grade Free

1513 29 30 Babassu Oil and fractions, other than edible grade Free


1514 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 Colza Oil Free

1514 11 20 Rape Oil Free


1514 19 Other:

1514 19 10 Refined colza oil of edible grade Free

1514 19 20 Refined mustard oil of edible grade Free


Other:

1514 91 Crude oil:

1514 91 10 Colza Oil Free

1514 91 20 Mustard Oil Free

1514 91 90 Rapeseed Oil Free

1514 99 Other:

1514 99 10 Refined colza oil of edible grade Free

1514 99 20 Refined mustard oil of edible grade Free

1514 99 30 Refined rapeseed oil of edible Free


1515 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 :

1515 11 00 Crude Oil Free

1515 19 Other:



Maize (Corn) Oil and its fractions:


1515 29 Other:



1515 30 Castor Oil and its fractions:



1515 50 Seasame oil and its fractions:


Other:



1515 90 Other:

1515 90 10 Fixed vegetable oils, namely the following:Chul

moogra oil, Mawra oil, Kokam oil, Tabacco seed

Oil, Sal Oil

Free

1515 90 20 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

Free

1515 90 30 Fixed Vegetable Oils, namely the following :

Cardamom Oil, Chillies/ Capsicum Oil, Turmeric

Oil, Ajwain Seed Oil, Niger Seed Oil, Garlic Oil

Free


1515 90 40 Fixed Vegetable Oils of edible grade namely:

Mango Kernel Oil, Mahua Oil, Rice bran Oil

Free

Other:



1516 Animal or Vegetable fats and oils and their

fractions, partly or wholly hydrogenated, inter-

esterified, re-esterified or eladlnised, whether or not

refined, but not further prepared

1516 10 00 Animal fats and oils and their fractions Prohibited Not permitted to be imported

1516 20 Vegetable fats and oils and their fractions:

Cotton Seed oil :



Ground nut oil:



Hydrogenated Castor oil (opal wax):



Other:



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, Indo-

Bangladesh, 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) DGFT’s 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 DGFT’s Notification No. 108 (RE–2013)/2009-14 dated 6th 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 DGFT’s notification no. 17/2015-20 dt 6th Aug 2015.


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 Soya- bean Crude Oil 45 45 7.5

15079010 Soya- bean Edible grade 45 45 15.0

15081000 Groundnut oil crude 300 100 7.5

15089091 Groundnut edible Grade 300 100 15.0

15091000 Olive oil virgin 45 45 7.5

15099010 Olive Edible grade 40 40 15.0

15111000 Palm Crude Oil 300 100 7.5

151190 Other refined palm oil 300 100 15.0

151211 Crude sunflower-seed or

safflower oil

300 100 7.5

15121910 Sunflower oil edible

Grade

300 100 15.0

15131100 Crude coconut oil 300 100 7.5

15131900 Other coconut oil 300 100 15

15141120 Low erucic rape oil 75 75 7.5

15141910 Refined colza oil of edible

grade

75 75 15.0

15149920 Refined rapeseed oil of

edible grade

75 75 15.0

Source: DGFT, Department of Revenue, Government of India and World Trade Organisation (WTO)

# applied duty on crude edible oil has been increased from 2.5% to 7.5% and on refined edible oil from 10% to 15% by

Department of Revenue vide Notification No. 34/2014-Customs dated 24.12.2014.

Date post:	06-Dec-2015
Category:	Documents
Upload:	zshan-faraz
View:	22 times
Download:	4 times

Edible Oil Govt Report

Documents