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Nov oilmeal exports down by 16% from 3,69,552 tonne to 3,11,739 tonne
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Thursday, 06 December, 2018, 08 : 00 AM [IST]
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Our Bureau, New Delhi
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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
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(+)
10%
|
|
May,
2018
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76,026
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1,33,916
|
148
|
45,382
|
8,172
|
2,63,644
|
1,44,849
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(+)
81%
|
|
June
2018
|
1,04,088
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91,475
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1,413
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50,599
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15,588
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2,63,163
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2,51,235
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(+)
5%
|
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July
2018
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63,748
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78,714
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1,449
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37,225
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34,580
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2,15,716
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1,25,988
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(+)
71%
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Aug
2018
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59,643
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1,63,011
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1,539
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22,513
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1,12,443
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3,59,149
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2,61,494
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(+)
38%
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Sept
2018
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45,388
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89,975
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377
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14,352
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22,331
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1,72,423
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2,98,553
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(-)
42%
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Oct
2018(R)
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1,50,388
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34,830
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-
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29,655
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18,224
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2,33,097
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2,00,158
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(+)
16%
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Nov
2018(P)
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2,17,738
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56,089
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188
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7,000
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30,724
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3,11,739
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3,69,522
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(-)
16%
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April–Nov
2018
April–Nov
2017
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785,283
768,981
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745,901
392,463
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5,322
2,676
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2,47,457
2,74,739
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2,59,319
4,16,699
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20,43,282
18,55,558
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18,55,558
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(+)
10%
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2017-18
(F.Y.)
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11,87,818
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6,63,988
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6,841
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5,94,129
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5,72,762
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30,25,538
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2016-17
(F
Y)
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9,16,306
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2,14,682
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2,918
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3,20,936
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4,10,915
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18,65,757
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2015-16
(F
Y)
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3,87,298
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3,31,201
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1,102
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3,53,195
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4,56,319
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15,29,115
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2014-15
(F
Y)
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6,59,593
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1,06,715
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93,013
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2,77,492
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4,58,406
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24,65,663
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(P) Provisional® Revised
Average FOB price of oilmeals and exchange rate (Price in $ FAS/FOB/Tonne/Indian port)
|
Meal
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Nov
2018
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Oct
2018
|
Sept
2018
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Aug
2018
|
July
2018
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June
2018
|
May
2018
|
April
2018
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March
2018
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Feb
2018
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January
2018
|
Dec
2017
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Nov
2017
|
|
Soybean
meal
|
365
|
357
|
367
|
406
|
433
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445
|
467
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487
|
486
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486
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409
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375
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360
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Rapeseed
meal
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230
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229
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226
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216
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217
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227
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238
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247
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249
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235
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226
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224
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223
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Castor
seed
meal
|
95
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89
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91
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97
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79
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70
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64
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64
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70
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76
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77
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79
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80
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E:
$1
=
Rs
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71.73
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73.56
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72.28
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69.63
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68.69
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67.79
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67.51
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65.67
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65.05
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64.43
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63.65
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64.24
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64.84
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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)
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Country
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Between
April
and November
2018
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Between
April
and November
2017
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%
Change
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Vietnam
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3,55,688
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3,21,803
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(+)10.53%
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South
Korea
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5,50,963
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5,45,900
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(+)
0.93%
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Thailand
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2,12,159
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1,27,065
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(+)
66.97%
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France
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1,40,797
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60,542
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(+)
132.56%
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Iran
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1,99,000
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22,910
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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)
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Port
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Between
April
and November
2018
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Between
April
and November
2017
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%
Change
|
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Kandla
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11,14,777
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9,82,210
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(+)
13.50%
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Mumbai/JNPT
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2,10,438
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2,54,701
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(-)
17.38%
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Mundra
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2,34,184
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1,59,137
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(+)
47.16%
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Kolkata
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2,41,151
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2,65,864
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(-)
9.30%
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