- Oil World estimated India's 2014/15 rapeseed production at 6.6 MMT vs. 2013/14 production of 7.35 MMT

- Solvent Extractors Association (SEA) of India forecasts India's 2014/15 (Nov-Oct) edible veg oil imports at above 12.5 MMT vs. 2013/14 imports of 11.62 MMT:

Oil

2013/14

2014/15 (F)

Change

Palm (Edible)

7.95

8.65

+0.70

Soybean Oil

1.95

2.20

+0.25

Sun Oil

1.50

1.40

(-) 0.10

Rapeseed Oil

0.20

0.25

+0.05

Total

11.62

12.5

+0.88

Under normal scenario, it is projected that imports by India may increase to 13.0 MMT in 2015/16 and to 16.3 MMT in 2020/21