- The prices of six edible oils (groundnut oil, mustard oil, vanaspati, soya oil, sunflower oil and palm oil) have risen between 20% and 56% at all-India levels in the last one year.
- In 2019-20, domestic availability of edible oils from both primary sources & secondary sources was only 10.65 million tonnes against the total domestic demand of 24 million tonnes.
- India depends on imports to meet its demand. In 2019-20, the country imported about 13.35 million tonnes of edible oils worth Rs 61,559 crore, or about 56% of the demand.
- The major sources of these imports are Argentina and Brazil for soybean oil; Indonesia and Malaysia palm oil; and Ukraine and Argentina again for sunflower oil.