6-Jun-2013
India’s oilmeal exports fell by a staggering 34% in the first two months of the current financial year in reduced availability of the animal feed on lower crushing activity.
Data compiled by the apex trade body Solvent Extractors’ Association (SEA) showed that oilmeal exports from India in the first two months between April – May period of the current financial year recorded at 502,005 tonnes as compared to 762,945 tonnes in the corresponding period last year.
The export of oilmeals during May 2013 was reported at 302,837 tonnes as compared to 359,855 tonnes in the same month of the previous year.
During April-May soybean meal export was drastically reduced to 195,943 tonnes from 456,420 tonnes while rapeseed meal has maintained pace, castor meal shipment has increased during May 2013.
Oilmeal import by South Korea from India during April-May 2013 is reported at 198,367 tonnes as compared to 212,388 tonnes last year consisting of 68,158 tonnes of rapeseed meal and 130,209 tonnes of castor meal. Iran imported of 148,234 tonnes as compared to 150,974 tonnes, comprises 148,158 tonnes of soybean meal, and small quantity of rapeseed meal.
Exports to Thailand were recorded at 48,047 tonnes as compared to 67,026 tonnes, consisting 9,166 tonnes of soybean meal, and 38,881 tonnes of rapeseed meal.
The shipment to Vietnam was witnessed at 26,545 tonnes as compared to 88,825 tonnes last year consisting of 1,445 tonnes of rapeseed meal and entire quantity of 25,100 tonnes of rice bran extraction.
Japan imported 10,141 tons compared to 84,989 tons of last year. Europe and others have imported 12,237 tons compared to 28,844 tons of last year. Overall export of oilmeals to all regions have fallen.
Source:-www.business-standard.com
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