Export of Oilmeals April 2016 - down by 70% in April 2016 over April 2015

The Solvent Extractors' Association of India has compiled the export data for export of oilmeals for the month of April 2016. The overall export of oilmeals during April 2016 is reported at 54,390 tons compared to 182,638 tons in April 2015 i.e. down by 70% due to lesser availability of oilseeds for crushing and continuous disparity in exporting oilmeals in International Market.

South Korea, Iran and Thailand - Major Importers of Oilmeals: - Oilmeal import by South Korea from India during April 2016 is reported at 47,082 tons compared to 119,297 tons; consisting 10,302 tons of rapeseed meal and 36,780 tons of castor meal. Vietnam imported 1,182 tons compared to 21,132 tons last year; consisting of 182 tons of rapeseed meal and 1,000 tons of Deoiled Rice Bran Extraction. Taiwan imported 2,474 tons compared to 6,411 tons last year; consisting of 2,021 tons of rapeseed meal and 453 tons of castor meal. Myanmar imported 1,116 tons (rapeseed meal) compared to 3,762 tons last year.

The export from Kandla is reported at 47,082 tons (87%), followed by Mumbai including JNPT handled 1,442 tons (3%), Kolkata handled 1,000 tons (2%) and Mundra handled 4,866 tons (9%).

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