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Informist, Tuesday, Feb. 18, 2025

 

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--SEA: India Jan oilmeal exports 452,352 tn vs 477,580 tn yr ago 
--SEA: India Jan soymeal exports 286,287 tn vs 375,360 tn yr ago 
--SEA: India Jan mustard meal exports 131,641 tn vs 71,472 tn yr ago 
--SEA: India Jan castor meal exports 31,725 tn vs 30,748 tn yr ago 
--SEA: India Jan rice bran meal exports 63 tn vs nil yr ago 
--SEA: India Jan groundnut meal exports 2,636 tn vs nil yr ago 
--SEA: India Apr-Jan oilmeal exports 3.60 mln tn vs 3.97 mln tn yr ago 
--SEA: India Apr-Jan soymeal exports 1.77 mln tn vs 1.59 mln tn yr ago 
--SEA: India Apr-Jan mustard meal exports 1.54 mln tn vs 1.90 mln tn yr ago 
--SEA: India Apr-Jan castor meal exports 258,005 tn vs 327,261 tn yr ago 
--SEA: India Apr-Jan rice bran meal exports 14,454 tn vs 151,614 tn yr ago 
--SEA: India Apr-Jan groundnut meal exports 17,174 tn vs 13,808 tn yr ago 

 

MUMBAI – India's oilmeal exports in January fell 5% on year to 452,352 tonnes, according to data released by The Solvent Extractors' Association of India. Total oilmeal exports in Apr-Jan were down 9% at 3.60 million tonnes, the data showed. The decline in exports in Apr-Jan was mainly due to a fall in the exports of rapeseed meal and castor seed meal, the association said. 

 

The political uncertainty in Bangladesh, the major market for rapeseed meal, has led to a reduction in volume in recent months, the association said. In addition, an increase in production and supply of distiller's dried grains with solubles from maize and grains is also dampening the demand for oilmeals in the local market, the association said.

 

India exported 1.54 million tonnes of rapeseed meal in Apr-Jan, lower than 1.90 million tonnes a year ago. But, in January, exports of mustard meal rose to 131,641 tonnes from 71,472 tonnes a year ago. Bangladesh, South Korea, Thailand, and Vietnam are the major importers of rapeseed meal. 

Similarly, exports of castor seed meal rose to 31,725 tonnes in January from 30,748 tonnes a year ago, the association said. However, exports of castor meal were down at 258,005 tonnes in Apr-Jan compared to 327,261 tonnes a year ago.

 

Exports of soymeal in January fell to 286,287 tonnes from 375,360 million tonnes a year ago. However, soymeal exports in Apr-Jan rose to 1.77 million tonnes from 1.59 million tonnes a year ago. This was due to higher imports of soymeal by Germany and France, the association said.

 

In Apr-Jan, 1.26 million tonnes of oilmeal were exported from the Kandla port, against 1.27 million tonnes a year ago, and a total of 801,564 tonnes were exported from the Mundra port, compared with 1.26 million tonnes a year ago, the SEA said. During the same period, exports from Jawaharlal Nehru Port Trust in Mumbai rose to 567,343 tonnes from 336,320 tonnes a year ago, the association said.

 

From the Kolkata port, export of oilmeal was just 11,494 tonnes in Apr-Jan compared with 110,223 tonnes a year ago. Oilmeal exports from other ports during the same period stood at 965,519 tonnes compared with 996,775 tonnes in the corresponding period last year, the SEA said.

 

During Apr-Jan, India's oilmeal exports to Bangladesh fell to 621,265 tonnes from 708,460 tonnes. Similarly, exports to Vietnam fell 207,043 tonnes from 378,967 tonnes, the data showed. Oilmeal exports to South Korea were at 599,551 tonnes, lower than 766,424 tonnes a year ago, the data showed. Iran has turned out to be a large importer of soybean meal from India, including shipment via Dubai, importing 155,961 tons of soybean meal, the SEA said.

 

The following table details exports of major types of oilmeals, in tonnes, in January and Apr-Jan, compared with the year-ago numbers (in tonnes), according to the latest data from the SEA, and the year-on-year change in percentage terms:

 

Oilmeal	Jan-25	Jan-24	Change (%)	Apr-Jan (2024-25)	Apr-Jan (2023-24)	Change (%)
Soymeal	286,287	375,360	(-)23.7	1,771,365	1,586,213	11.7
Mustard meal	131,641	71,472	84.2	1,542,032	1,895,454	(-)18.6
Rice bran meal	63	0	-	14,454	151,614	(-)90.5
Groundnut meal	2,636	0	-	17,174	13,808	24.4
Castor meal	31,725	30,748	3.2	258,005	327,261	(-)21.2
Total	452,352	477,580	(-)5.3	3,603,030	3,974,351	(-)9.3

 

End

 

Reported by J. Navya Sruthi

Edited by Saji George Titus

 

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