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Our Bureau

17 per cent rise by volume and 21 per cent by value

Mumbai April 6 Export of oilmeals surged to a new high in terms of both volume and value. Shipments during fiscal 2006-07 aggregated 51.7 lakh tonnes (lt) valued at Rs 4,300 crore, according to data compiled by the Solvent Extractors Association of India.

This represents a 17 per cent rise by volume and 21 per cent by value. Rapeseed extractions recorded a increase to 9.7 lt . from 5.3 lt the previous year.

This was mainly due to the off-season availability of rapeseed from the National Agricultural Cooperatiave Marketing Federation allowing year-round crushing.

Soyabean extraction continued to dominate the export basket with 36.6 lt (34.2 lt), while ricebran extraction shipments doubled to 2.5 lt.

Castor meal export was unchanged at 2.0 lt owing to lower crop.

More Stories on : Oilseeds & Edible Oil | Exports & Imports

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