GGN International forecasts total edible oil production in the country at 7.66 million tonnes for the oil year (November–October) 2017-18, compared to 7.05 million tonnes in the previous year. With an increase in opening stock of a record 2.42 million tonnes, India’s edible oil availability from domestic sources is estimated at an all-time high of over 10 million tonnes. Indian edible oil importers have strategically built a massive inventory on decline in crude palm oil (CPO) prices in the past few months. With a total opening stock of 1.92 million tonnes, India’s total edible oil availability was reported at 8.97 million tonnes in the oil year 2016-17.