Soybean meal exports witness 735.6% rise: SOPA
The Dollar Business Bureau There has been a 735.6 per cent increase in the export of Soybean meal and its other value added products during December 2016 with the same rising to 2,41,256 tons as compared to 28,870 tons in December 2015, according to industry body Soyabean Processors Association (SOPA). Considering the financial year from April 2016 to December 2016, the export stood at 4,46,130 tons as compared to 3,02,304 tons in the same period of previous year showing an increase of 47.58 per cent. As per the Solvent Extractors Association, the export of oilmeals during December 2016 witnessed a more than double rise due to huge demand of Non-GMO Soybean Meal from France and was reported at 194,309 tons compared to 84,218 tons. The ...
Export of soybean meal drops 72% in August
The Dollar Business Bureau Export of soybean meal from India declined to 769 tonnes in August, 2015 as compared to 2,778 tonnes in the same month last year, recording a decrease of 72.33%, according to a data released by the Soybean Processors Association of India (SOPA). “On a financial year basis, the export during April'2015 to August'2015 is 35,858 tonnes as compared to 96,201 tonnes in the same period of previous year showing a decrease of 62.73%,” said SOPA in a statement. The country’s total export between April and August, 2015 stood at 35,858 tonnes as against 96,201 tonnes shipped during the corresponding period last year. Since April this year, India has exported approximately 36,000 MT of soybean meal, with Middle-East ...
