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Oilmeal exports in March 2017 increase by 42 per cent to 1,50,773 tons
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Monday, 10 April, 2017, 08 : 00 AM [IST]
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Our Bureau, Mumbai
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The Solvent Extractors’ Association of India has compiled the data for the export of oilmeals for the month of March 2017, as well as for the financial year 2016-17 (i.e. April 2016 to March 2017). The export of oilmeals in March 2017 increased by 42 per cent and was reported to be 1,50,773 tons, compared to 1,06,122 tons in March 2016.
The total export of oilmeals between April 2016 and March 2017, in terms of quantity, is reported to be 1,865,757 tons compared to 1,529,115 tons during the same period of last year, i.e. up by 22 per cent. In terms of value, the total earning is Rs 3,178 crore, compared to Rs 2,600 crore in 2015-16 (also up by 22 per cent).
They also provided revised export data for the month of February 2017 for deoiled rice bran and castorseed meal with updated data collected for export.
Export of oilmeals - April 2016 to March 2017
(Quantity in million ton)
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Month
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Soybean Meal
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Rapeseed Meal*
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Groundnut meal
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Rice bran extensions
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Castorseed meal
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Total
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Last year
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Change %
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April 2016
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12,295
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14,163
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-
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49,735
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37,785
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1,13,978
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2,11,011
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(-) 46%
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May 2016
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10,400
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3,090
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-
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42,032
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2,432
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57,954
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1,50,463
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(-) 61%
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June 2016
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17,930
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43,636
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115
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30,499
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40,591
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1,32,771
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1,84,251
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(-) 28%
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July 2016
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12,270
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4,197
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198
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13,214
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78,759
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1,08,638
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74,000
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(+) 47%
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August 2016
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10,615
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32,371
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199
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8,393
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20,301
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71,879
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1,22,216
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(-) 41%
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September 2016
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12,210
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40,095
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-
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14,735
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42,269
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1,09,309
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1,66,233
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(-) 34%
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October 2016
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31,390
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23,720
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514
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16,991
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31,025
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1,03,640
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72,031
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(+) 44%
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November 2016
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97,750
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12,304
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411
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18,273
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41,451
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1,70,189
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1,40,950
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(+) 21%
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December 2016
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2,41,250
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2,292
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513
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29,196
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28,305
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3,01,556
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1,07,421
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(+) 181%
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January 2017
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1,55,160
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8,290
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296
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61,118
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14,749
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2,39,613
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71,890
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(+) 233%
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February 2017
®
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2,07,977
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22,858
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362
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34,250
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40,010
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3,05,457
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1,22,527
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(+)149%
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March 2017
(P)
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1,07,059
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7,666
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310
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2,500
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33,238
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1,50,773
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1,06,122
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(+) 42%
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April 2016-March 2017
Value Rs crore
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9,16,306
2,235.50
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2,14,682
387.50
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2,918
8.20
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3,20,936
368.00
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4,10,915
179.50
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1,865,757
3178.70
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1,529,115
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(+) 22%
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April 2015.- March 2016
Value Rs crore
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3,87,298
1,300.00
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3,31,201
593.20
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1,102
3.10
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3,53,195
370.00
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4,56,319
334.00
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1,529,115
2,600.3
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April 2014-March 2015
Value Rs crore
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6,59,593
2,063.00
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1,067,159
1,653.00
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3,013
8.50
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2,77,492
260.00
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4,58,406
314.00
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2,465,663
4,298.50
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® Revised data of deoiled rice bran extractions and castorseed meal for February 2017 (P)Provisional
Average FOB price of oilmeals and exchange rate (Price in $ FAS/FOB/tons/Indian ports)
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Meal
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March
2017
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February 2017
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January 2017
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December
2016
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November 2016
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October 2016
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September 2016
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August 2016
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July 2016
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June 2016
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May 2016
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March 2016
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Soybean meal
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369
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363
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361
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363
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367
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408
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463
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486
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494
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492
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497
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480
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Rapeseed meal
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240
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245
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250
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268
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275
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282
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282
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288
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293
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285
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272
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247
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Groundnut extension
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NQ
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NQ
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NQ
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NQ
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NQ
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NQ
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NQ
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NQ
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455
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454
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455
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425
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Rice bran extension
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169
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176
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168
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169
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174
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181
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188
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189
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186
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182
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175
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162
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Castorseed meal
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61
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57
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65
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67
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67
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67
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69
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67
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68
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70
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73
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74
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E: $1 = Rs
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65.8
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66.97
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68.04
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67.8
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67.64
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66.74
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66.71
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66.9
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67.15
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67.27
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66.89
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66.89
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International price vis-a-vis Indian FOB price (April 5, 2017)
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Meal
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International
price $/T
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Indian FOB price $/T
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Soybean meal
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$349 Arg CIF Rotterdam
(April)
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$380 FAS Kandla (Ready)
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Rapeseed meal
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$240 Hbg ex. Mill (April)
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$240 Kandla (Ready)
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South Korea, Vietnam and France: Major importers of oilmeals
Oilmeal import by South Korea from India between April 2016 and March 2017 was reported at 543,235 tons. It consisted of 1,67,760 tons of rapeseed meal, 3,66,805 tons of castor meal and 8,670 tons of soybean meal. Vietnam imported 328,348 tons, consisting of 11,588 tons of rapeseed meal, 30,219 tons of soybean meal and 2,86,541 tons of rice bran extraction. France imported 2,23,920 tons, consisting of 2,19,513 tons of soybean meal and 4,407 tons of castor meal. Japan imported 1,92,575 tons, consisting of 1,84,809 tons of soybean meal, 4,423 tons of rapeseed meal and 3,343 tons of castor meal. Bangladesh imported 2,30,581 tons, consisting of 2,28,050 tons of soybean meal, 1,452 tons of rapeseed meal and 1,079 tons of deoiled rice bran.
Port-wise export: April 2016 and March 2017 The export from Kandla is reported at 9,75,047 tons (52 per cent). Kolkata handled 3,12,076 tons (17 per cent), Mumbai, including JNPT, handled 2,49,870 tons (13 per cent), Mundra handled 1,21,375 tons (seven per cent) and other ports (including by road) handled 2,00,459 tons (11 per cent).
Export from major ports (Quantity in million ton)
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Port
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April 2016 to March 2017
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April 2015 to March 2016
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% change
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Kandla
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9,75,047
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7,31,827
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(+) 33.23%
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Kolkata
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3,12,076
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3,50,910
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(-) 11.06%
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Mumbai/JNPT
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2,49,870
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3,08,963
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(-) 19.13%
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Mundra
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1,21,375
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93,834
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(+) 29.35%
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Other ports
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2,00,459
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38,356
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-
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