Oilmeal exports down 74% in February
Total oilmeal exports during the period April 2015 February 2016 fell by 52% to 1,092,905 tonnes from 3,969,903 tonnes during the same period of 2013-14 The Dollar Business Bureau Currently, Indian soybean meal is quoted at $480 per tonne against that of Argentina at $321 per tonne, and out-priced by about $160 per tonne in international market Indias oilmeal exports slumped by 74% in February due to a large decline in soyabean crushing and domestic unavailability of oil and meals. In February, Indias oilmeal exports stood at just 53,866 tonnes as against 208,499 tonnes in February 2015. Total oilmeal exports during the period April 2015 February 2016 fell by 52% to 1,092,905 tonnes from 3,969,903 tonnes during the same period of 2013-14. Soybean ...
Soymeal exports hit historic low; down 91% in Jan
Of the total 69265.50 metric tonnes exported during April-January 2015-16, Kuwait was the largest importer with shipment of 10867.315 MT. The Dollar Business Bureau As per port-wise data, Mumbai JNPT topped with total shipment of 42392.869 MT against 173410 MT year-on-year, followed by Kandla (15030 MT) and Mundra (11842 MT). Export of Soybean meal witnessed 92.58% decline during January this year and reduced to 7,707 tonnes compared to 1.03 lakh tonnes exported during the same month of the previous year. According to the Soybean Processors Association of India (SOPA), on the financial year basis, exports between April 2015 and January 2016 witnessed 87.06% decline compared to the figure of the ...
