Down by 63% in January 2015
The Solvent Extractors' Association of India has just compiled the export data for export of oilmeals for the month of January 2015. The total export of oilmeals during April 2014 to January 2015 is reported at 2,021,117 tons compared to 3,626,404 tons i.e. down by 44%. In January 2015, export of oilmeals is reported at 159,892 tons compared to 435,966 tons in January 2014 i.e. down by 63%. Export of soybean meal has greatly reduced in last 10 months due to total disparity for soybean meal in international market. Brighter side is that the share of rapeseed meal has increased from 738,591 to 939,946 tons, while rice-bran extractions export has doubled in last 10 months.Powered by Capital Market - Live News