Indias oilmeal exports decline almost 10% in Nov
The Dollar Business Bureau India’s oilmeal exports declined 9.75% to 108,342 tonnes last month on sluggish global demand, Oil industry body Solvent Extractors' Association (SEA) said. The country’s oilmeal exports in November last year stood at 120,059 tonnes, according to the SEA data. During April-November of the current fiscal, exports of oilmeal fell 27% to 662,489 tonnes from 903,624 tonnes during the same period of last year. The decline in exports was largely due to "lesser availability of oilseeds for crushing and continuous disparity in exporting soyabean meal in international market," SEA said. Last month, the outbound shipments of rapeseed meal decreased to 12,304 tonnes from 12,845 tonnes in November last year, while extraction of rice bran too reduced to 2,371 tonnes from 12,528 tonnes ...
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 ...
