Oilmeals exports decline 23% in July: SEA

The export of oilmeals during July 2019 has declined by 23 per cent to 166,301 tons as compared to 215,716 tons in July, 2018, according to data published by the Solvent Extractors' Association of India. The overall export of oilmeals during April- July 2019 stood at 851,070 tons compared to 966,874 tons in April-July 2018, down by 12 per cent.

The export of castorseed meal has increased to 229,820(75,597) tons, being mainly exported to South Korea.

During April-July 2019 Vietnam imported 120,889 tons of oilmeals (compared to 228,627 tons), consisting of 1,892 tons of soybean meal, 71,683 tons of rapeseed meal and 47,314 tons of de-oiled rice bran extraction.


South Korea imported 365,652 tons of oilmeals (compared to 198,304 tons), consisting 13,282 tons of soybean meal, 162,487 tons of rapeseed meal and 189,883 tons of castorseed meal.

Thailand imported 107,607 tons of oilmeals (compared to 129,661 tons), consisting 88,595 tons of rapeseed meal, 17,581 tons of rice bran extractions and 1,431 tons of soybean meal.

Kandla handled exports of 349,922 tons (41 per cent), Mundra of 268,348 tons (32 per cent), Mumbai including JNPT of 57,372 tons (8 per cent) while Kolkata of 71,458 tons (8 per cent).

Others ports handled 103,970 tons (12 per cent) of exports in the April -July period.