The export of Soybean meal and its other value added products during December 2016 stood at 2,41,256 tons. This is a jump of 735.66% compared to export of 28,870 tons stood in December 2015, as per data compiled by industry body Soyabean Processors Association (SOPA). On a financial year basis, the export during April 2016 to December 2016 stood at 4,46,130 tons as compared to 3,02,304 tons in the same period of previous year, showing an increase of 47.58%.
During current Oil year, (October – September), total exports during October 2016 to December, 2016 is 370,398 tons as against 100,776 tons last year, showing an increase by 267.55%. The export of oilmeals during December 2016 has jumped; more than doubled due to large demand of Non-GMO Soybean Meal from France and reported at 194,309 tons compared to 84,218 tons.
Further, the overall export of oilmeals during April to December 2016 is reported at 856,798 tons, down by 13%, compared to 987,842 tons during the same period of last year.
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