Oil meal exports in India were up 38% in 2022-23; rapeseed doubled

게시됨 2022년 11월 19일

Tridge 요약

India's oil meal exports, including rapeseed meal, have seen a significant increase of 38% in the first half of this fiscal year, reaching approximately 1.97 million tonnes, as per the Solvent Extractors' Association of India. October's exports were 35% higher than the previous year, totaling 213,154 tonnes. Rapeseed meal exports alone have more than doubled, reaching 1.34 million tonnes, making India the most competitive supplier to countries like South Korea, Vietnam, and Thailand. The surge in exports is attributed to a record rapeseed crop and high crushing levels, with expectations for soybean meal exports to further increase due to anticipated falls in international soybean meal prices and a potentially good Indian soybean crop in the current season.

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원본 콘텐츠

According to data compiled by the vegetable oil industry body, the Solvent Extractors' Association of India (SEA), India's overall oil meal exports during the current fiscal year from the month of April to October - were 38% higher year on year at around 1.97 million tonnes. During the comparable period last fiscal year, oil meal exports totaled 1.43 million tonnes. Oil meals are the residue left over after extracting oil from oilseeds, and they are popularly used as livestock feed. Exports of the product were preliminarily reported to be 213,154 tonnes in October, up 35% from 157,590 tonnes during the same period last year. It is worth mentioning that rapeseed meal exports have more than doubled to 1.34 million tonnes in 2022-23, compared to 658,230 tonnes in the same period last year, due mainly to a record crop and crushing that resulted in the highest processing and access of rapeseed meal for exports. As per the vegetable oil industry body, "India is currently the most ...

출처: Krishi Jagran