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OILS AND FATS

Oilmeal export in May 2018 provisionally estimated to be 97,036 tonne
Monday, 11 June, 2018, 08 : 00 AM [IST]
Our Bureau, New Delhi
The export of oilmeal in May 2018 was provisionally reported at 97,036 tonne, compared to 1,44,524 tonne in May 2017. The overall export in April and May 2018 was reported at 3,21,179 tonne compared to 3,48,222 tonne during the same period of last year, i e down by eight per cent.

The Solvent Extractors’ Association of India has compiled the export data for export of oilmeal for the month of May 2018. The export of rapeseed meal sharply increased to nearly 1,43,000 tonne in the first two months, mainly exported to South Korea and Thailand.

Export of Oilmeals – April-May 2018
[Qty in metric tonne (MT)] (P) Provisional ® Revised

Month

Soybean meal

Rapeseed meal

Groundnut meal

Ricebran ext

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 (P)

41,452

45,808

302

7,000

2,474

97,036

1,44,524

(-) 33%

AprilMay 2018

April–May 2017

1,09,716



1,73,274

1,43,699



91,957

302



-

47,731



52,425

19,731



30,566

3,21,179



3,48,222

3,48,222

(-) 8%

2017-18 (FY)

11,87,818

6,63,988

6,841

5,94,129

5,72,762

30,25,538


2016-17 (FY)

9,16,306

2,18,845

2,918

3,36,496

4,10,915

18,85,480

2015-16 (FY)

3,87,298

3,31,201

1,102

3,53,195

4,56,319

15,29,115

2014-15 (FY)

6,59,593

10,67,159

3,013

2,77,492

4,58,406

24,65,663


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

Meal

May 2018

April

2018

March

2018

February

2018

January

2018

December

2017

November 2017

October 2017

September 2017

August 2017

July
2017

June 2017

May 2017

Soybean meal

467

487

486

486

409

375

360

375

399

398

391

371

388

Rapeseed meal

238

247

249

235

226

224

223

222

236

239

220

230

238

Castor seed meal

64

64

70

76

77

79

80

78

69

63

NQ

59

63

E: $1 = Rs

67.51

65.67

65.05

64.43

63.65

64.24

64.84

65.04

64.47

63.97

64.42

64.45

64.42



South Korea, France, Vietnam and Thailand: Major importers of oilmeal
In April and May 2018, Vietnam imported 51,568 tonne of oilmeal (compared to 59,578 tonne); consisting of 1,927 tonne of soybean meal, 10,634 tonne of rapeseed meal and 39,007 tonne of de-oiled rice bran extraction.

South Korea imported 49,768 tonne of oilmeal (compared to 67,920 tonne), consisting of 46,381 tonne of rapeseed meal, 3,129 tonne of soybean meal and 258 tonne of castor meal.

Thailand imported 62,176 tonne of oilmeal (compared to 29,251 tonne), consisting 2,417 tonne of soybean meal, 3,855 tonne of de-oiled rice bran extraction and 55,868 tonne of rapeseed meal.

France imported 28,377 tonne of oilmeal (compared to 1,736 tonne), consisting 26,600 tonne of soybean meal and 1,777 tonne of castor meal.

Major importers of oilmeals
(Qty in MT)

Country

April–May 2018

April–May 2017

Percentage change

Vietnam

51,568

59,578

(-) 13.44%

South Korea

49,768

67,920

(-) 26.72%

Thailand

62,176

29,251

(+) 112.56 %

France

28,377

1,736

-


Port-wise export: April-May 2018
The export from Kandla was reported at 1,47,587 tonne (46 per cent). Mumbai, including Jawaharlal Nehru Port Trust (JNPT), handled 31,297 tonne (10 per cent). Mundra handled 38,693 tonne (12 per cent) and Kolkata handled 47,173 tonne (15 per cent).

Export from major ports
(Qty in MT)

Port

April–May 2018

April–May 2017

Percentage change

Kandla

1,47,587

1,81,692

(-) 18.77%

Mumbai/JNPT

31,297

56,657

(-) 44.76%

Mundra

38,693

41,492

(-) 6.75%

Kolkata

47,173

52,030

(-) 9.33%

 
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