Oilmeals export rises 24% in April-July 2018 : SEA

  • 09-Aug-2018
  • Oilmeals export rises 24% in April-July 2018 : SEA

According to a latest update from the Solvent Extractor's Association (SEA) of India, the total export of oilmeals was reported at 148983 tonnes in July 2018, recording a spurt of 18.33% compared to July 2017. The overall export during April-July 2018 was reported at 898871 tonnes, up nearly 24% over the comparable period last year.

The SEA noted that export of rapeseed meal jumped sharply, recording a spurt of 90% in last three months due to strong demand from South Korea, Vietnam and Thailand. The ongoing trade dispute between US and China has created a lot of uncertainty and is forcing China to look out to other origins for their requirements of Soybean and oilmeals. This has compelled China to relook its ban imposed for importing oilmeals from India since 2012, according to the SEA.


Source:- Dailyshippingtimes.com

Seair is proud to have a loyal customer base from big brands.

We have successfully served many reputable clients for Import-Export Data Information Services. Here are some of our clients:

Get a free Import-Export data demonstrative report on desired products.

We don’t offer any assistance over buying or selling any products.

Thank You

Big thanks to showing your interest in SEAIR Exim Solutions. We’ve currently received your request for data information. We will return on the same query in a short span of time.

Copyright © 2009 - 2024 www.seair.co.in. All Rights Reserved.