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India's oilmeal exports fall 41% Y-on-Y in November: SEA

04 Dec 2015 Evaluate

India's oilmeal exports slumped about 41% from a year earlier to 112,081 tonnes in November as crushing of soybean fell due to higher cost of the oilseed and lower prices of oil and meal.

India, a leading oilmeal exporter to Southeast Asia, shipped 112,081 tonnes of oilmeal in the eight months to November compared with 189,032 tonnes in the same period of previous year, according to the data of Solvent Extractors' Association (SEA)

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