Sunday, 9 June 2013

Export Of Soybean Meal Continues To Fall

8-Jun-2013


It may not sound well for the Soya growers in the country, particular in Madhya Pradesh, which is a major contributing state on the front in the country. The export during May 2013 was 0.97 lac ton as compared to 1.39 lac ton in the same period of previous year showing a decrease of 29.74%. Overall demand of soybean meal is poor all across the world. This information was given by the spokesperson & coordinator of Soybean Processors Association of India (SOPA), Rajesh Agrawal.SOPA's office is located in Indore.







On a financial year basis, the export during April 2013 to May 2013 has been 1.98 lac ton as compared to 4.75 lac ton in the same period of previous year showing a decrease of 58.33%, added he.



During current oil year, (October-September), total exports during October 2012 to May, 2013 are 27.95 lac ton as against 32.61 lac ton last year, showing a decrease by 14.29%.



If one has a look on the country-wise/port-wise export of soybean meal during the period under observation, then also the same findings will come. The data has been collected and compiled by Soybean Processors Association of India (SOPA), based on the information received from the members, Port authorities and other agencies. However, the data does not include exports to Pakistan, Nepal and Bangladesh by rail or even by road.


Source:-timesofindia.indiatimes.com





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