Oilmeal exports stood at 115,083 tons in September 2017, up by 5% compared to 109,309 tons in September 2016, as per data compiled by The Solvent Extractors' Association of India. The overall export of oilmeals during April - September 2017 provisionally reported at 1,101,689 tons, up by 85% compared to 594,529 tons during the same period of last year.
The exports have revived to some extent this year owing to higher output last year on account of good rains after two straight years of drought. The improving price parity in the world market has also boosted shipments.
Further, South Korea was the largest buyer in April-September this year, followed by Vietnam.
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