The Solvent Extractors Association of India (SEA) in its latest report showed that oil meal shipments fell by 23% to 166,301 tons from previous year same month's 215,716 tons. The overall oil meal shipments of India dipped by 12% during April- July 2019 at 851,070 tons compared to last year same period's 966,874 tons.
Castor seed meal export of the country rose to 229,820 tons from previous year's 75,597 tons, being mainly shipped to South Korea. Exports of oil meals to South Korea during April-July 2019 was 365,652 tons compared to last year same month's 198,304 tons. It consists 13,282 tons of soybean meal, 162,487 tons of rapeseed meal and 189,883 tons of castorseed meal.
During April-July 2019 Vietnam imported 120,889 tons of oil meals (compared to 228,627 tons), consisting of 1,892 tons of soybean meal, 71,683 tons of rapeseed meal and 47,314 tons of de-oiled rice bran extraction, as per SEA.