Saturday, December 15, 2018
 
 
   
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
   
   

ANALYSIS

Nov oilmeal exports down by 16% from 3,69,552 tonne to 3,11,739 tonne
Thursday, 06 December, 2018, 08 : 00 AM [IST]
Our Bureau, New Delhi
The Solvent Extractors’ Association of India has compiled the data for the export of oilmeals for the month of November 2018. It was provisionally reported at 3,11,739 tonne compared to 3,69,522 tonne in November 2017. In other words, it was down by 16 per cent.

The overall export between April and November 2018 is reported at 20,43,282 tonne compared to 18,55,558 tonne during the same period of last year (i e up by 10 per cent). The export of rapeseed meal is sharply increased to 7,45,901 (3,92,463) tonne in first eight months, almost doubled mainly exported to South Korea, Vietnam and Thailand.
 
The Ministry of Commerce, Government of India/Export Inspection Council of India (EIC) stated that China will resume import of rapeseed meal from India.

The five units already approved by the General Administration of Customs of the People’s Republic of China and GACC (formerly AQSIQ) will able to resume the export of rapeseed meal to China once their registration with the Chinese Ministry of Agriculture (MoA) is done, which is a cumbersome process and takes a long time.

In case of the resumption of export of soybean meal from India to China, it may a longer time as the Chinese GACC team is likely to visit during current month to inspect and approve the units.
Prior to the ban in 2012, China used to import nearly half-a-million tonne of oilmeals, viz rapeseed meal (3.5 to 4 lakh tonne) and soybean meal (one lakh tonne) from India.
 
Also, the Iranian market has opened up for Indian soybean meal. During the current year, between April and November 2018, about two lakh tonne of soybean meal shipped against just 23,000 tonne last year, supporting the export of oilmeals from India.

Export of oilmeals between April and November 2018 (Quantity in metric tonne)

Month

Soybean meal

Rapeseed meal

Groundnut meal

Rice bran ext

Castorseed meal

Total

Last year

Change%

April 2018

68,264

97,891

208

40,731

17,257

2,24,351

2,03,759

(+) 10%

May, 2018

76,026

1,33,916

148

45,382

8,172

2,63,644

1,44,849

(+) 81%

June 2018

1,04,088

91,475

1,413

50,599

15,588

2,63,163

2,51,235


(+) 5%

July 2018

63,748

78,714

1,449

37,225

34,580

2,15,716

1,25,988


(+) 71%

Aug 2018

59,643

1,63,011

1,539

22,513

1,12,443

3,59,149

2,61,494

(+) 38%

Sept 2018

45,388

89,975

377

14,352

22,331

1,72,423

2,98,553

(-) 42%

Oct 2018(R)

1,50,388

34,830

-

29,655

18,224

2,33,097

2,00,158

(+) 16%

Nov 2018(P)

2,17,738

56,089

188

7,000

30,724

3,11,739

3,69,522

(-) 16%

April–Nov 2018

April–Nov 2017

785,283


768,981


745,901


392,463


5,322


2,676


2,47,457

2,74,739


2,59,319


4,16,699


20,43,282

18,55,558


18,55,558


(+)   10%

2017-18 (F.Y.)


11,87,818

6,63,988



6,841

5,94,129




5,72,762

30,25,538


2016-17 (F Y)

9,16,306

2,14,682

2,918

3,20,936

4,10,915

18,65,757

2015-16 (F Y)

3,87,298

3,31,201

1,102

3,53,195

4,56,319

15,29,115

2014-15 (F Y)

6,59,593

1,06,715

93,013

2,77,492

4,58,406

24,65,663


(P) Provisional® Revised

Average FOB price of oilmeals and exchange rate (Price in $ FAS/FOB/Tonne/Indian port)

Meal

Nov 2018

Oct 2018

Sept 2018

Aug 2018

July 2018

June 2018

May 2018

April 2018

March 2018

Feb 2018

January 2018

Dec 2017

Nov 2017

Soybean meal

365

357

367

406

433

445

467

487

486

486

409

375

360

Rapeseed meal

230

229

226

216

217

227

238

247

249

235

226

224

223

Castor seed meal

95

89

91

97

79

70

64

64

70

76

77

79

80

E: $1 = Rs

71.73

73.56

72.28

69.63

68.69

67.79

67.51

65.67

65.05

64.43

63.65

64.24

64.84


South Korea, France, Vietnam, Thailand major importers of oilmeals
Between April and November 2018, Vietnam imported 3,55,688 tonne of oilmeals (compared  to 3,21,803 tonne). This consisted of 20,573 tonne of soybean meal; 1,23,183 tonne of rapeseed meal, and 2,11,719 tonne of rice bran extraction. South Korea imported 5,50,963 tonne of oilmeal (compared to 5,45,900 tonne). It consisted of 3,49,349 tonne of rapeseed meal, 19,032 tonne of soybean meal and 1,82,582 tonne of castor meal. Thailand imported 2,12,159 tonne of oilmeal (compared to 1,27,065 tonne). It consisted of 19,318 tonne of  soybean meal, 10,306 tonne of de-oiled rice bran extraction, and 1,82,499 tonne of rapeseed meal. France imported 1,40,797 tonne of oilmeal. It consisted of 1,37,799 tonne of soybean meal and 2,998 tonne of castor meal.


Major importers of oilmeal (Quantity in metric tonne)

Country


Between April and November 2018

Between April and November 2017

% Change

Vietnam

3,55,688

3,21,803

(+)10.53%

South Korea

5,50,963

5,45,900

(+) 0.93%

Thailand

2,12,159

1,27,065

(+) 66.97%

France

1,40,797

60,542

(+) 132.56%

Iran

1,99,000

22,910



Port-wise export (between April and November 2018)
The export from Kandla was reported at 11,14,777 tonne (55 per cent), followed by Mumbai (including JNPT), which handled 2,10,438 tonne (10 per cent). Mundra handled 2,34,184 tonne (11 per cent), Kolkata handled 2,41,151 tonne  (12 per cent), and others,  including Hazira and Pipavav, handled 2,42,732 tonne (11 per cent).

Export from major ports (Quantity in metric tonne)

Port


Between April and November 2018

Between April and November 2017

% Change

Kandla

11,14,777

9,82,210

(+) 13.50%

Mumbai/JNPT

2,10,438

2,54,701

(-) 17.38%

Mundra

2,34,184

1,59,137

(+) 47.16%

Kolkata

2,41,151

2,65,864

(-) 9.30%


 
Print Article Back FNB News Twitter
Post Your commentsPost Your Comment
* Name :    
* Email :    
  Website :  
Comments :  
   
   
Captcha :
 

 
 
Food and Beverage News ePaper
 
 
Interview
"We plan to put 10000 SmarTrucks, hire 20000 drivers"
Past News...
 
FORTHCOMING EVENTS
 

FNB NEWS SPECIALS
 
Overview
Packaged wheat flour market growth 19% CAGR; may reach Rs 7500 cr: Ikon
Past News...
 
 
Advertise Here
 
Advertise Here
 
Advertise Here
 
Recipe for Success
Recipe for Success: MasterChef’s hat the most rewarding for multiple hat-wearer Bhadouria
Past News...



Home | About Us | Contact Us | Feedback | Disclaimer
Copyright © Food And Beverage News. All rights reserved.
Designed & Maintained by Saffron Media Pvt Ltd