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Soybean Meal Exports Increases by 735.6 Percent SOPA

Date 11-Jan-2017
Subject Soybean Meal Exports Increases by 735.6 Percent SOPA

NEW DELHI: The export of Soybean meal and its other value added products during December 2016 is 2,41,256 tonnes compared to 28,870 tonnes in December 2015 showing an increase of 735.6% over the same period of last year, said industry body Soyabean Processors Association (SOPA).

On a financial year basis, the export during April’2016 to December’2016 is 4,46,130 tonnes as compared to 3,02,304 tonnes in the same period of previous year showing an increase of 47.58%.

During current Oil year, (October – September), total exports during October 2016 to December, 2016 is 3,70,398 tonnes as against 1,00,776 tonnes last year, showing an increase by 267.55%.

The export from Kandla is reported at 578,429 tonnes (68%), followed by Kolkata handled 126,643 tonnes (15%), Mumbai including JNPT handled 75,490 tonnes (9%), and Mundra handled 74,636 tonnes (8%).

Source: Dailyshippingtimes.com

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