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ANALYSIS

Oilmeal exports in March 2017 increase by 42 per cent to 1,50,773 tons
Monday, 10 April, 2017, 08 : 00 AM [IST]
Our Bureau, Mumbai
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)

Month

Soybean Meal

Rapeseed Meal*

 

Groundnut meal

Rice bran extensions

Castorseed meal

Total

Last year

Change %

April 2016

12,295

14,163

-

49,735

37,785

1,13,978

2,11,011

(-) 46%

May 2016    

10,400

3,090

-

42,032

2,432

57,954

1,50,463

(-) 61%

June 2016 

17,930

43,636

115

30,499

40,591

1,32,771

1,84,251

(-) 28%

July 2016 

12,270

4,197

198

13,214

78,759

1,08,638

74,000

(+) 47%

August 2016 

10,615

32,371

199

8,393

20,301

71,879

1,22,216

(-) 41%

September 2016  

12,210

40,095

-

14,735

42,269

1,09,309

1,66,233

(-) 34%

October 2016 

31,390

23,720

514

16,991

31,025

1,03,640

72,031

(+) 44%

November 2016 

97,750

12,304

411

18,273

41,451

1,70,189

1,40,950

(+) 21%

December 2016 

2,41,250

2,292

513

29,196

28,305

3,01,556

1,07,421

(+) 181%

January 2017 

1,55,160

8,290

296

61,118

14,749

2,39,613

71,890

(+) 233%

February 2017 ® 

2,07,977

22,858

362

34,250

40,010

3,05,457

1,22,527

(+)149%

March 2017 (P) 

1,07,059

7,666

310

2,500

33,238

1,50,773

1,06,122

(+)  42%

April 2016-March 2017

Value Rs crore

9,16,306

2,235.50

2,14,682

387.50

2,918

8.20

3,20,936

368.00

4,10,915

179.50

1,865,757

3178.70

1,529,115

(+) 22%

April 2015.- March 2016

Value Rs crore

3,87,298

1,300.00

3,31,201

  593.20

1,102

  3.10

3,53,195

  370.00

4,56,319

  334.00

1,529,115

     2,600.3

 

April 2014-March 2015

Value Rs crore

6,59,593

2,063.00

1,067,159

   1,653.00

3,013

  8.50

2,77,492

  260.00

4,58,406

  314.00

2,465,663

   4,298.50

 



® 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)

Meal

 

March

2017

February 2017

January 2017

December

2016

November 2016

October 2016

September 2016

August 2016

July 2016

June 2016

May 2016

March 2016

Soybean meal 

369

363

361

363

367

408

463

486

494

492

497

480

Rapeseed meal

240

245

250

268

275

282

282

288

293

285

272

247

Groundnut extension 

NQ

NQ

NQ

NQ

NQ

NQ

NQ

NQ

455

454

455

425

Rice bran extension

169

176

168

169

174

181

188

189

186

182

175

162

Castorseed meal 

61

57

65

67

67

67

69

67

68

70

73

74

E: $1 = Rs

65.8

66.97

68.04

67.8

67.64

66.74

66.71

66.9

67.15

67.27

66.89

66.89



International price vis-a-vis Indian FOB price (April 5, 2017)

Meal

International price $/T

Indian FOB price $/T

Soybean meal 

$349 Arg CIF Rotterdam (April)

$380 FAS Kandla (Ready)

Rapeseed meal      

$240  Hbg ex. Mill (April)    

$240  Kandla (Ready)


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)

Port

April 2016 to March 2017

April 2015 to March 2016

% change

Kandla 

9,75,047

7,31,827

(+) 33.23%

Kolkata

3,12,076

3,50,910

(-) 11.06%

Mumbai/JNPT

2,49,870

3,08,963

(-) 19.13%

Mundra 

1,21,375

93,834

(+) 29.35%

Other ports

2,00,459

38,356

-


 
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