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SOYABEAN PROCESSORS ASSOCIATION
Livestock industry demands 1.5 million tonnes soymeal imports amid price surgeIndia's livestock sector faces rising feed costs. Farmers are urging the government to permit soybean meal imports. Domestic prices have su...- Govt examining possibility to introduce standard packaging for cooking oilThe Department of Consumer Affairs is looking into standard pack sizes for cooking oils. Industry bodies raised concerns about many differe...
- SOPA opposes poultry industry's demand to extend soyameal import periodThe poultry industry was allowed to import 12 lakh tonnes of genetically modified (GM) soyameal for the first time ever as prices of domest...
- SOPA demands circuit limit of 2% per day on NCDEX to curtail speculative activitiesThe trade body has alleged that the present rise in soybean prices is due to speculative trading on the NCDEX.
- Edible oil industry divided over import policySEA has claimed that putting quantitative restrictions will lead to flooding of the palm oil imports into the country.
- India loses some soyabean export contracts due to appreciation of rupeeHowever, with Iran emerging as an unexpected buyer of Indian soyameal, the industry has been able to maintain a good pace of soyameal expor...
- Rising input costs put pressure on margins of soya crushersIndia produces around 6.2 million tonnes of soya oil meal, of which 5 million tonnes is consumed domestically as both food and fodder while...
- Processors demand rise in duty on edible oilPrices of refined soyabean oil have declined from Rs 73.50 per kg to Rs 63.50 per kg ex-mill without duty.
- Edible oil producers worried over 5% GSTOilseeds will attract 5% tax under GST, unlike most other agricultural produce.
- SOPA expects 57% in soyabean produciton; plans to increase exports by five timesA delegation of SOPA, with support from the central government, had recently toured four countries to get market for India's soya meal.
- India's soyabean acreage to decline by 3% to 5%, says SOPAThe survey is based on increase or decrease over last year’s actual government sowing data. About 95% soybean sowing has been completed all...
- Soyabean production revised downward by 6.21%: SOPAIndustry body Soybean Processors Association of India (SOPA) revised the soyabean production estimates for 2015-16 downwards by 6.21% in it...
- Export of soybean meal dips to 1127 tons in FebruaryDuring current Oil year, total exports during October 2015 to February, 2016 is 27,647 tons as against 5,02,958 tons last year, showing a d...
- Soyameal exports slip 59 per cent to 1.94 lakh tonnes in DecemberSoyameal exports fell by 59 per cent to 1.94 lakh tonnes in December against 4.70 lakh tonnes in the same month a year ago, according to in...
- Soyameal exports jump nearly four-fold to 1.94 LT in OctoberAlthough marketing year starts from October, the crushing operations pick up from November and hence, the exports in October are generally ...
- Rains damage 7% summer soy cropAlthough the final estimate on the extent of damage is yet to emerge, initial reports say there has been at least an overall 7% crop loss t...
- Soyameal export earnings hit record in 2011-12 oil yearIndia's export earnings from the overseas shipments of soyameal rose by 8 per cent to an all time high of Rs 7,735.82 crore in the first 11...
- India's oilmeal exports up 22% in JuneIndian oilmeal exports surged up by 22% for June 2012 to 3,05,525 tonnes against 2,05,335 tonnes in last year same period.
- India's soyameal export increases by 9.68% during first quarter of 2012-13Exports of soyabean meal during June, 2012 shows a jump of 53.90% over the last year at 1.81 lakh tonne according to the Soybean Processors...
- Falling soyabean crop area vexes processorsSoyabean processors, the bedrock of India's protein industry, are increasingly getting anxious as acreage in Madhya Pradesh.
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