India: Oilseeds and Products Update

FAS New Delhi estimates India’s rapeseed-mustard production for marketing year (MY) 2023/2024 (October-September) at 11.9 million metric tons (MMT), harvested from 9.3 million hectares following favorable cold weather during the rabi crop season. Trade for rapeseed oil remains negligible due to high domestic demand. Production of rapeseed meal is expected to be around 6.2 MMT owning to a good oilseed production year. Exports of rapeseed meal will remain relatively high for the current MY due to increased crushing. India is likely to continue importing a significant amount of discounted edible oils to meet it domestic demand for vegetable oils.