The exports of oil-meal stood at 139,568 tons during August 2017, up by 94% as compared to 71,879 tons in August 2016, , as per data compiled by the Solvent Extractors’ Association of India (SEA). The overall export of oil-meals during April - August 2017 provisionally reported at 864,818 tons, up by 78% compared to 485,220 tons during the same period of last year. In last three months the export of oil-meals improved compared to the previous year, thanks to good monsoon, better oil-seeds production and price parity. During April - August 2017 oil-meal imported by Vietnam from India reported at 123,121 tons compared to 132,737 tons; consisting of 11,698 tons of soybean meal, 17,379 tons of rapeseed meal and 94,044 tons of De-oiled Rice Bran Extraction. 

South Korea imported 288,502 tons compared to 256,436 tons; consisting 153,578 tons of rapeseed meal, 123,362 tons of castor meal and 11,412 tons of soybean meal. Thailand 47,674 tons compared to 1,999 tons; consisting 24,672 tons of rapeseed meal, 9,454 tons of De-oiled Rice Bran Extractions and 13,548 tons of soybean meal. Besides, European countries were the major importer of Indian Soybean Meal. Germany imported 60,674 tons of soybean meal and rest of European countries imported 95,410 tons.

For Free Trial Or Trading Tips So Click Here >> Equity Trading Tips Or Give A missed Call @96444-05056.