India’s oilmeal exports decline


India has posted a 36% decline in oilmeal export, to 865,000 tonnes, from April to August 2014. During the same period last year, export of oilmeal was 1.35 million tonnes, the Solvent Extractors’ Association of India (SEAI) said in a release. “Export of soybean meal greatly reduced in the last five months due to a lower crop. This lead to total disparity for soybean meal in the international market,” SEAI said. However, the association said that during the period the share of rapeseed meal increased from 358,000 tonnes to 514,000 tonnes.



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