Oilmeal exports up

Driven by sharp increase in shipments of rapeseed meal, India’s oilmeal exports surged 9 per cent to 41.03 lakh tonnes during the first six months of the ongoing financial year, according to industry data compiled by Mumbai-based Solvent Extractors’ Association of India (SEA).

The country exported 14,03,382 tonnes during April-September 2018 as against 12,84,788 tonnes in the same period last year, the data showed.

Rapeseed meal exports doubled to 6,01,105 tonnes in the reported six months from 3,00,627 tonnes in the year-ago period. The major importers were South Korea, Vietnam and Thailand, reports said. 

Source : eximin


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