India’S Oilmeal Exports To Iran Down By 70 Per Cent

India’s oilmeal exports to Iran have rerecorded a drop of 70.31 per cent at 322,091 tonnes during April 2014 to January 2015.

During the same period last year, Iran imports were at 1.08 million tonnes, the Solvent Extractors Association of India (SEAI) said in a statement. Import from Iran consists of 180,300 tonnes of soybean meal and 141,791 tonnes of rapeseed meal.

Similarly, during April 2014 to January 2015, oilmeal imports from Thailand were also down to 189,026 tonnes, as compared to 307,704 tonnes during the same period last year.

Import from Thailand included 181,762 tonnes of rapeseed meal and 7,264 tonnes of soybean meal. Taiwan imported 61,142 tonnes of oilmeals that includes 30,897 tonnes of rapeseed meal, 22,685 tonnes of castor meal and 7,560 tonnes of soybean, against compared to 104,824 tonnes imported during the last year.

Oilmeals import by South Korea from India during April 2014 to January 15 also reported a negative growth at 730,571 tonnes, as compared to 901,661 tonnes, consisting 426,874 tonnes of rapeseed meal, 301,639 tonnes of castor meal and 2,058 tonnes of soybean meal, SEAI adds.

However imports from Vietnam were up to 244,422 tonnes, against 183,236 tonnes imported during the same period last year.

Imports from Vietnam included 57,555 tonnes of rapeseed meal, 17,927 tonnes of soybean meal, 1,186 tonnes of groundnut meal and 167,754 tonnes of deoiled rice bran extraction.

Europe imported 208,911 tonnes of oilmeals, as compared to 533,418 tonnes of veg oil imported last year.

Kandla Port handled 71 per cent of export traffic at 1.44 million tonnes followed by Mumbai including JNPT ports handled 234,877 tonnes with 12 per cent, Kolkata port handled 195,486 tonnes with 10 per cent, Mundra port handled 79,177 tonnes with four per cent, Bedi port handled 32,197 tonnes with two per cent and Pipavav port handled 37,386 tonnes with the balance two per cent export oilmeal traffic.

Source:blackseagrain.net