The exports of oilmeal fell by 9.75% and stood at 1,08,342 tonnes in November this year. As per data compiled by the Solvent Extractors Association of India (SEA), the country had shipped 1,20,059 tonnes of oilmeal -- used as an animal feed -- in November last year. The fall in the month was mainly due to lesser availability of oilseeds for crushing and continuous disparity in exporting soyabean meal in international market. The export of oilmeals fell by 27% and stood at 6,62,489 tonnes during April-November period of the 2016-17 fiscal as compared to 9,03,624 tonnes in the year-ago period.
The rapeseed meal export fell to 12,304 tonnes in November 2016 as compared to 12,845 tonnes in the year-ago period, while rice bran extraction declined to 2,371 from 12,528 tonnes in the said period. Similarly, castor seed meal export almost halved to 41,451 tonnes in November 2016 as compared to 82,777 tonnes in November 2015.
However, the export of soyabean meal rose to 51,805 tonnes in November this year compared to 8,909 tonnes in the year-ago period. The country also exported about 411 tonnes of groundnut meal during the said period.
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