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Export of oilmeals between April & June ’18 up by 9% to 6,54,774 tonne
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Tuesday, 10 July, 2018, 08 : 00 AM [IST]
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Our Bureau, New Delhi
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The export of oilmeals during June 2018 was provisionally reported at 1,66,833 tonne compared to 2,51,124 tonne in June 2017. The overall export between April and June 2018 was reported at 6,54,774 tonne compared to 5,99,346 tonne 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 tonne (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 tonne of oilmeals, viz 3.5 to 4 lakh tonne of rapeseed meal and one lakh tonne of soybean meal from India.
Export of oilmeals (April-June 2018)
[Quantity in metric tonne (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
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1,33,916
|
302
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45,382
|
8,172
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2,63,798
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1,44,524
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(+)
80%
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June
2018
(P)
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1,04,088
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54,191
|
198
|
7,800
|
556
|
1,66,833
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2,51,124
|
(-)
34%
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|
April
-June
2018
April
-June
2017
|
2,48,378
2,19,249
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2,85,998
1,50,856
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500
-
|
93,913
79,360
|
25,985
1,49,881
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6,54,774
5,99,346
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5,99,346
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(+)
9%
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|
2017
-18 (FY)
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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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2,18,845
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2,918
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3,36,496
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4,10,915
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18,85,480
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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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10,67,159
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3,013
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2,77,49
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4,58,406
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24,65,66
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® Revised, (P) Provisional
Average FOB price of oilmeal and exchange rate (Price in $ FAS/FOB/Tonne/Indian Port)
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Meal
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June
2018
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May
2018
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April
2018
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March
2018
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Feb
2018
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January2018
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Dec
2017
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Nov
2017
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Oct
2017
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Sep
2017
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Aug
2017
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July
2017
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Soybean
meal
|
445
|
467
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487
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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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375
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399
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398
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391
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Rapeseed
meal
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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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222
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236
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23
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220
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Castor
seed meal
|
70
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64
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64
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70
|
76
|
77
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79
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80
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78
|
69
|
63
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NQ
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E:
$1 = Rs
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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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65.04
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64.47
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63.97
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64.42
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South Korea, France, Vietnam and Thailand – Major importers of oilmeals
Between April and June 2018, Vietnam imported 1,16,839 tonne of oilmeals (compared to 86,458 tonne). This consisted of 7,160 tonne of soybean meal, 32,506 tonne of rapeseed meal and 77,173 tonne of de-oiled rice bran extraction. South Korea imported 132,618 tonne of oilmeals (compared to 233,812 tonne). This consisted of 1,21,741 tonne of rapeseed meal, 10,303 tonne of soybean meal and 574 tons of castor meal. Thailand imported 1,01,243 tonne of oilmeals (compared to 35,169 tonne). This consisted of 4,747 tonne of soybean meal, 5,729 tonne of de-oiled rice bran extraction, and 90,731 tonne of rapeseed meal. France imported 42,550 tonne of oilmeals (compared to 5,241 tonne). This consisted of 41,099 tonne of soybean meal and 1,451 tonne of castor meal.
Major Importers of Oilmeals
(Quantity in MT)
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Country
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April
–June 2018
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April
–June 2017
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%
Change
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Vietnam
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1,16,839
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86,458
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(+)
35.14%
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South
Korea
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1,32,618
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2,33,812
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(-)
43.28%
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Thailand
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1,01,243
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35,169
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(+)
187.88 %
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France
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42,550
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5,241
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-
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Port-wise export (April-June 2018)
The export from Kandla was reported at 3,25,937 tonne (50 per cent). Mumbai, including JNPT, handled 64,996 tonne (10% per cent); Mundra handled 69,319 tonne (11 per cent) and Kolkata handled 89,713 tonne (14 per cent).
Export from major ports
(Quantity in MT)
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Port
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April
–June 2018
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April
–June 2017
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%
Change
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Kandla
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3,25,937
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3,62,154
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(-)
10.00
%
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Mumbai/JNPT
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64,996
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81,108
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(-)
19.86 %
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Mundra
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69,319
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52,539
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(+)
31.94
%
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Kolkata
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89,713
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78,965
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(+)
13.61%
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