Our Bureau

Mumbai, July 7

OILMEAL exports declined by 34 per cent to 7,18,275 tonnes during the first quarter (April-June) of the current financial year compared with 10,83,900 tonnes in the same period a year ago, according to figures complied by the Solvent Extractors' Association of India (SEA).

However, oilmeal exports during June were up 16 per cent to 2,11,525 tonnes against 1,82,550 tonnes in June 2004. During the first quarter, soyabean meal exports nearly halved, while rapeseed meal exports maintained their share.

Groundnut meal exports declined, while castorseed meal exports picked up, mainly on exports to Taiwan and South Korea. Ricebran extraction export revived after a long time during the period.

During the period under review, exports from Kandla were estimated at 4,36,250 tonnes (62 per cent), followed by Mumbai, which handled 1,37,200 tonnes (19 per cent), Bedi 54,275 tonnes (8 per cent), Visakhapatnam 76,175 tonnes (11 per cent) and Kakinada 13,625 tonnes (2 per cent).

(This article was published in the Business Line print edition dated July 8, 2005)
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