Soyabean meal export dips 60%

KOLKATA: The export of soybean meal and its other value added products during July 2016 is just 12,272 tons compared to 30,688 tons in July 2015 showing a decrease of 60% over the same period of last year, according to Soybean Processors Association of India (SOPA).

On a financial year basis, the export during April’2016 to July’2016 is 52,906 tons as compared to 1,36,897 tons in the same period of previous year showing a decrease of 61%.

During current Oil year, (October – September), total exports during October 2015 to July, 2016 is 2,38,676 tons as against 6,86,525 tons last year, showing a decrease by 65.23%.

The data has been collected and compiled by SOPA based on the information received from members, port authorities and other agencies.