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India’s oilmeal exports rose 7 per cent to 31.67 lakh tonnes during April-December this fiscal due to significant increase in shipments to Iran, South Korea and Europe.
The country had exported 29.58 lakh tonnes during the same period last fiscal, according to data compiled by the Solvent Extractors’ Association of India.
In December, shipment of oilmeals — used as animal feed — marginally increased by 3 per cent to 5.86 LT from 5.67 LT in the same month in 2012.
“Export of oilmeals during April-December 2013 is reported at 31.67 LT compared with 29.58 LT during the same period of last fiscal, up by 7 per cent,” the association said in a statement.
Maximum increase in exports was to Europe, Iran and South Korea. Shipments to Europe doubled to 2.4 LT in April-December period of the current fiscal against 1.20 LT in the year-ago period.
Similarly, exports to Iran surged to 9.23 LT from 4.93 LT, while shipments to South Korea increased 27 per cent to 8.21 LT from 6.47 LT.
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