Soybean and rapeseed prices are now at record lows and by 31-34% lower than last year. With regard to this farmers are slowing down sales, creating a market deficit. There is additional pressure due to low prices on global markets.

Despite the good rapeseed crop in 2016-2017, India will need significant import. In order to support local processors, the authorities introduced import duty of 20% for unrefined oils and 35% for refined ones.