Oilmeals export up by 18 per cent between April'05-Feb' 06

New Delhi, Mar 6 (UNI) The overall export of oilmeals during April 2005 to February 2006 (11 months) was up by 18 per cent at 3,613,100 tonnes compared to 2,439,849 tonnes during the same period last year.

However, export of oilmeals for the month of February 2006 was reported at 662,250 tons compared to 272,196 tons in February 2005.

According to a data compiled by the Solvent Extractors' Association of India (SEA) that export of soyabean has improved at 2,712,000 tons for the period April 2005 to February, 2006 compared to 1,635,000 tons last year.

The exports of castor meal increased to 189,000 compared to 70,000 tons during the same period of last year.

The groundnut meal more or less maintained its share while rapeseed meal export was down by 82,000 tons due to less crushing in last few months.

Rice bran extraction export is further revived and touched at 115,000 tons compared to 43,000 tons during the same period of last year.

In view of the world demand and the price competitiveness, the overall export of oil meal from India is expected to maintain the pace of the export during March 2006 and may set a new record for the year 2005-06 (April-March) crossing 40 lakhs tons compared to 26.9 lakh tons last year (2004-05) and 33.2 lakh tons in 2003-04.

The export from Kandla is reported at 2,111,825 tons (58 per cent), followed by Mumbai which handled 607,375 tons (17 per cent), Vizag handled 354,225 tons (10 per cent), Bedi handled 347,725 tons (10 per cent), Kakinada handled 114,925 tons (3 per cent) and Bhavnagar handled 75,750 tons (2 per cent), a SEA release here said.

UNI BBS ARB KN1557