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Signal · Supply Chain & Logistics

Vegetable oil imports decline 7% YoY in July 2026 as crude oil share jumps to 96%: SEA

The Economic Times - Industry Trade press Published 13th August 2026 India

Open original report economictimes.indiatimes.com

What the source reported

Source-reported

India's edible oil imports decreased by eight percent in July compared to last year. Vegetable oil imports also saw a seven percent decline during the same period. Over nine months, vegetable oil imports rose, while edible oil imports increased by five percent. The import basket saw refined oil share drop to four percent from fourteen percent. Crude oil imports consequently increased to ninety-six percent from eighty-six percent.

Publication
The Economic Times - Industry · Trade Publication
Published
13th August 2026
Original report
economictimes.indiatimes.com

ProcIntel stores what the source published in its feed — a headline, a summary and a link. It does not store or reproduce the full article.

What ProcIntel recorded

ProcIntel-derived
Category
Supply Chain & Logistics
Geography
India
Organisations
None identified
Collected
14th August 2026 · 00:30

Initial assessment ProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.

A provisional, automatically computed reading of this individual Signal, before Event extraction or human review. Not a final rating.

Significance 1 · Low
Confidence 2 · Low

Initial Significance Low (18.0/100). Strongest contributor: Procurement Impact (6.0/30 points). Limiting factor: Geographic Breadth (0.0/10 points). Initial Confidence Low (39.0/100, data sufficiency: Partial). Strongest contributor: Source Authority (20.0/40 points). Limiting factor: Extraction Quality (3.0/15 points).

Strongest contributor
Procurement Impact
Limiting factor
Geographic Breadth