Procurement price of rapeseed across India FY 2014-2024

Published by Sandhya Keelery, Sep 9, 2024

In fiscal year 2024, the procurement price of rapeseed across India was 5,650 Indian rupees per quintal. This was an increase as compared to the previous fiscal year's procurement price. During fiscal year 2023, consumption of rapeseed oil across the south Asian nation was estimated to be over three million metric tons.

Procurement price of rapeseed across India from financial year 2014 to 2024 (in Indian rupees per quintal)

CharacteristicProcurement price in Indian rupees per quintal
FY 2024 5,650
FY 2023 5,450
FY 2022 5,050
FY 2021 4,650
FY 2020 4,425
FY 2019 4,200
FY 2018 4,000
FY 2017 3,700
FY 2016 3,350
FY 2015 3,100
FY 2014 3,050
Showing entries 1 to 11 (11 entries in total)
Created with Highcharts 7.2.2Procurement price in Indian rupees per quintal3,0503,0503,1003,1003,3503,3503,7003,7004,0004,0004,2004,2004,4254,4254,6504,6505,0505,0505,4505,4505,6505,650FY 2014FY 2015FY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024
01,0002,0003,0004,0005,0006,0007,000

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Release date

July 2024

Region

India

Survey time period

FY 2014 to FY 2024

Supplementary notes

India's financial year begins in April and ends in March. For example, FY 2016 started in April 2015 and ended in March 2016.

One Indian rupee is equal to 0.012 U.S. dollars and 0.011 euros (as of September 2024).

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