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Oilmeal exports down 35% in April-July 2015
1. PRESS RELEASE
PR 016/2015-16
6th
August , 2015
The Commercial Editor:
Dear Sir/Madam,
Export of Oilmeals – April – July 2015 down by 35%
Soybean Meal Export at Historical Low – 928 MT in July 2015
The Solvent Extractors’ Association of India has compiled the export data for export of oilmeals for the
month of July 2015. The export of oilmeals during July 2015 is reported at just 18,410 tons compared to
132,102 tons in July 2014 i.e. down by 86%. The overall export of oilmeals during April-July 2015 is
reduced and reported at 492,086 tons compared to 757,907 tons during the same period of last year i.e.
down by 35%. Soybean crushing is very much reduced due to continuous disparity and high price of
domestic market affecting overall domestic availability of both oils and meals. The export of soybean
meal is at a historical low during current year and reduced month by month and reported just 18,017
tons in April, 14,046 tons in May, 2,098 tons in June and just 928 tons in July 2015. Capacity utilization
is at the lowest and many plants are close down due to disparity in crushing and export.
Export of Oilmeals - April - July 2015
(Qty. in M.T.)
Month Soybean
Meal
Rapeseed
Meal
Ground
Nut Meal
Ricebran
Ext. #
Castor
Seed Meal
Total Last Year Change
%
Apr. ’15 18,017 69,398 250 24,332 70,641 182,638 248,445 (-) 26%
May ’15 14,046 35,188 --- 40,618 31,487 121,339 169,607 (-) 28%
June ‘15 2,098 56,139 --- 34,328® 77,134 169,699 207,753 (-) 18%
July ‘15 928 8,645 150 7,800@ 887 18,410 132,102 (-) 86%
(Apr.-July ’15)
(Apr.-July’14)
35,089
107,381
169,370
408,410
400
264
107,078
60,042
180,149
181,810
492,086
757,907
(-) 35%
2014-15 (F.Y.) 659,593 1,067,159 3,013 277,492 458,406 2,465,663
2013-14 (F.Y.) 2,781,985 916,050 3,290 147,001 533,668 4,381,994
2012-13 (F.Y.) 3,439,848 786,690 2,883 233,200 383,392 4,846,013
# Deoiled Rice Bran Extractions ® revised @ data incomplete
Average FOB Price of Oilmeals & Exchange Rate:
(Price in US$ FAS/FOB/Tons/Indian Port)
Meal July
2015
June
2015
May
2015
Apr.
2015
Mar.
2015
Feb.
2015
Jan.
2015
Dec.
2014
Nov.
2014
Oct.
2014
Sept.
2014
July
2014
Soybean Meal 507 553 592 515 448 458 460 483 488 485 569 652
Rapeseed Meal 272 277 300 271 253 261 278 286 252 237 237 251
Groundnut Ext. 450 463 463 460 450 442 439 450 461 NQ NQ NQ
Rice Bran Ext. 146 147 146 146 NQ NQ NQ NQ NQ NQ NQ NQ
Castorseed Meal 114 112 109 106 115 130 133 136 125 112 110 110
E: 1US$ = Rs. 63.60 63.79 63.72 62.64 62.48 61.99 62.13 62.71 61.68 61.37 60.90 60.10
South Korea, Iran and Thailand – Major Importers of Oilmeals:-
South Korea is a major importer from India. During April-July 2015, oilmeal export to South Korea is
reported at 305,963 tons compared to 341,548 tons; consisting 137,645 tons of rapeseed meal ,
168,106 tons of castor meal and 212 tons of soybean meal. Thailand imported 13,558 tons compared
to 76,208 tons; consisting 10,500 tons of rapeseed meal, 1,238 tons of soybean meal and 1,820 tons of
Deoiled rice bran extractions. Vietnam imported 95,972 tons compared to 71,326 tons last year;
consisting of 392 tons of rapeseed meal , 480 tons of soybean meal and 95,100 tons of Deoiled rice
bran extraction. Taiwan imported 19,671 tons compared to 26,438 tons last year; consisting of 13,390
tons of rapeseed meal, 5,766 tons of castor meal, 400 tons of groundnut meal and 115 tons of soybean
meal. Iran imported 9,050 tons compared to 112,275 tons last year consisting of 9,050 tons of soybean
meal only.
Cont…2
2. -2-
Major Importers of Oilmeals
(Qty. in MT)
Country April - July 2015 April - July 2014 % Change
South Korea 305,963 341,548 (-) 10.42%
Thailand 13,558 76,208 (-) 82.21%
Vietnam 95,972 71,326 (+) 34.55%
Iran 9,050 112,275 (-) 91.94%
Taiwan 19,671 26,438 (-) 25.60%
Japan 4,218 4,735 (-) 10.92%
Oman 17,138 7,155 (+) 139.52%
Myanmar 9,125 8,317 (+) 9.72%
Port-wise Export : April-July 2015
The export from Kandla is reported at 330,912 tons (67%), followed by Mumbai including JNPT
handled 23,043 tons (5%), Kolkata handled 107,078 tons (22%) and Mundra handled 28,828 tons
(6%).
Export from Major Ports
(Qty. in M.T.)
Port April – July 2015 April – July 2014 % Change
Kandla 330,912 544,827 (-) 39.26%
Mumbai/JNPT 23,043 84,791 (-) 72.82%
Kolkata 107,078 60,042 (+) 78.34%
Mundra 28,828 35,786 (-) 19.44%
We are enclosing herewith a Month-wise/Port-wise as well as Country-wise statements of export of
oilmeals during April - July 2015 with comparative period of previous year for your kind information and
necessary coverage in your esteemed media and oblige.
Thanking you,
Yours faithfully,
(Dr. B.V. MEHTA)
Executive Director
Encl: Statement