Now Reading: 70% of global rice bran oil potential untapped, says SEA
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70% of global rice bran oil potential untapped, says SEA
The Story in Brief
The Story in Brief
About 70% of the world's rice bran oil potential remains untapped, according to BV Mehta, Executive Director of the Solvent Extractors' Association of India (SEA). Speaking at the International Conference on Rice Bran Oil 2026 in Bangkok, Mehta said global potential is around 8 million tonnes (mt) but current production stands at just 2.4 mt, leaving 5.55 mt unexplored.
The Indian Opinion
The talk of untapped rice bran oil potential is welcome but must not become yet another story of Indian potential staying potential. The real test is whether the government will actually cut GST on de-oiled rice bran to 5% and fund low-lipase paddy research. India's edible oil import bill will stay high until processing economics improve at the mill level.
Source: thehindubusinessline.com
This story was synthesised by AI from the source linked above. Methodology and corrections.
Ashin Xavier: interesting
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