Commodities:  Oil & Oilseeds Feed & Meal Grains Pulses Spices Sugar & Gur Fibre Plantation Others
You Are Here: Home > Commodities > Feed & Meal > More News
Articles
More Articles...
Export of oilmeals between April & June ’18 up by 9% to 6,54,774 ton

Export of oilmeals between April & June ’18 up by 9% to 6,54,774 ton

Tue July 10 2018

 

The export of oilmeals during June 2018 was provisionally reported at 1,66,833 ton compared to  2,51,124 ton in June 2017. The overall export between April and June 2018 was reported at 6,54,774 ton compared to 5,99,346 ton during the same period of last year, i e up by nine per cent.

 

This was stated by Solvent Extractors’ Association of India, which compiled the data for the export of oilmeals for the month of June 2018. The export of rapeseed meal sharply increased to nearly 1,35,000 ton (90 per cent) in the first three months, mainly exported to South Korea and Thailand.

 

The ongoing trade dispute between the United States and China has created a lot of uncertainty, forcing China to look out to other origins for their requirements of soybean and oilmeals.

 

China has been compelled to relook the ban it imposed on the import of oilmeals from India since 2012. This will open up the Chinese market for India. Of course, this is subject to clarification about the phytosanitary certificate for the export of oilmeals from India.

 

The Association has requested the Ministry of Commerce, Government of India to seek clarification from China’s AQSI Q authority about the phytosanitary certificate conditions.

 

Prior to the ban in 2012, China used to import nearly half-a-million ton of oilmeals, viz 3.5 to 4 lakh ton of rapeseed meal and one lakh ton of soybean meal from India.

 

Export of oilmeals (April-June 2018)

[Quantity in metric ton (MT)]

Month

Soybean meal

Rapeseed meal

Groundnut meal

Ricebran extraction

Castorseed meal

Total

Last year

Change%

April 2018

68,264

97,891

-

40,731

17,257

2,24,143

2,03,698

(+) 10%

May 2018 ®

76,026

1,33,916

302

45,382

8,172

2,63,798

1,44,524

(+) 80%

June 2018 (P)

1,04,088

54,191

198

7,800

556

1,66,833

2,51,124

(-) 34%

April -June 2018

April -June 2017

2,48,378

 

2,19,249

2,85,998

 

1,50,856

500

 

-

93,913

 

79,360

25,985

 

1,49,881

6,54,774

 

5,99,346

5,99,346

(+) 9%

2017 -18 (FY)

11,87,818

6,63,988

6,841

5,94,129

5,72,762

30,25,538

 

2016-17 (F Y)

9,16,306

2,18,845

2,918

3,36,496

4,10,915

18,85,480

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

10,67,159

3,013

2,77,49

4,58,406

24,65,66

 

® Revised, (P) Provisional

Average FOB price of oilmeal and exchange rate (Price in $ FAS/FOB/Ton/Indian Port)

 

Meal

June 2018

May 2018

April 2018

March 2018

Feb 2018

January2018

Dec 2017

Nov 2017

Oct 2017

Sep 2017

Aug 2017

July 2017

Soybean meal

445

467

487

486

486

409

375

360

375

399

398

391

Rapeseed meal

227

238

247

249

235

226

224

223

222

236

23

220

Castor seed meal

70

64

64

70

76

77

79

80

78

69

63

NQ

E: $1 = Rs

67.79

67.51

65.67

65.05

64.43

63.65

64.24

64.84

65.04

64.47

63.97

64.42

 

South Korea, France, Vietnam and Thailand – Major importers of oilmeals

Between April and June 2018, Vietnam imported 1,16,839 ton of oilmeals (compared to 86,458 ton). This consisted of 7,160 ton of soybean meal, 32,506 ton of rapeseed meal and 77,173 ton of de-oiled rice bran extraction. South Korea imported 132,618 ton of oilmeals (compared to 233,812 ton). This consisted of 1,21,741 ton of rapeseed meal, 10,303 ton of soybean meal and  574 tons of castor meal. Thailand imported 1,01,243 ton of oilmeals (compared to 35,169 ton). This consisted of  4,747 ton of  soybean meal, 5,729 ton of de-oiled rice bran extraction, and 90,731 ton of rapeseed meal. France imported 42,550 ton of oilmeals (compared to  5,241 ton). This consisted of 41,099 ton of soybean meal and 1,451 ton of castor meal.

 

Major Importers of Oilmeals
(Quantity in MT)

Country

April –June 2018

April –June 2017

% Change

Vietnam

1,16,839

86,458

(+) 35.14%

South Korea

1,32,618

2,33,812

(-) 43.28%

Thailand

1,01,243

35,169

(+) 187.88 %

France

42,550

5,241

-

 

Port-wise export (April-June 2018)

The export from Kandla was reported at 3,25,937 ton (50 per cent). Mumbai, including JNPT, handled  64,996 ton (10% per cent); Mundra handled 69,319 ton (11 per cent) and Kolkata handled  89,713 ton (14 per cent).

 

Export from major ports
(Quantity in MT)

Port

April –June 2018

April –June 2017

% Change

Kandla

3,25,937

3,62,154

(-) 10.00 %

Mumbai/JNPT

64,996

81,108

(-) 19.86 %

Mundra

69,319

52,539

(+) 31.94 %

Kolkata

89,713

78,965

(+) 13.61%

                                                                                                                                

Source: http://www.fnbnews.com/

Technical Research
Prices
ExchangeCommodityContractOpenHighLowClose
More Futures prices..
Spot Market Review