Tuesday 8 October 2013

Export Of Soybean Meal Falls, Though Marginally

08-Oct-2013


During current oil year October 2012 to September 2013, exports of Soybean meal was 34,73,133 MT as against 36,22,909 MT last year, marginally decrease by 4.13%. Exports of Soybean meal during September, 2013 was 1,73,949 tones as compared to just 2,864 tons in September, 2012.



During the current oil year, Iran, Japan, Japan, France, Thailand, Vietnam, Indonesia and Korea are the major destinations for Indian Soybean meal exports, said the spokesman of Soybean Processors' Association of India (SOPA), Rajesh Agrawal, who is also the coordinator of SOPA.



On a financial year basis, the export during April 2013 to September 2013 was 8,76,294 MT as compared to 8,37,078 MT in the same period of previous year showing marginal increase of 4.68%, added Agrawal.



The data has been collected and compiled by SOPA based on the information received from the members, port authorities and other agencies. The data does not include exports to Pakistan, Nepal and Bangladesh by rail or road.



Iran has emerged as the largest importer of Soybean meal from India during the year. However, one can hope that the exports may be the its current level, in case it doesn't go up in future, said Agrawal.


Source:- http://timesofindia.indiatimes.com





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