Wait...

Online India Export Import Data Search

Complete Training Video : Click Here

India’s oilmeal exports jump 130 per cent in December.


Date: 10-01-2017
Subject: India’s oilmeal exports jump 130 per cent in December
HYDERABAD: India’s export of oil meals more than doubled in December 2016 mainly driven by high demand of non-genetically modified (GMO) soybean meal from France, said Solvent Extractors’ Association of India. 

The country exported 1,94,309 tons in December 2016, an increase of 130% from 84,218 tons reported same period last year. France imported 1,06,708 tons of oilmeals as compared to 1,956 tons last year, consisting of 1,03,650 tons of soybean meal and 3,058 tons of castor meal. 

Japan too recorded a significant jump in imports at 54,833 tons as compared to 6,500 tons last year, consisting of 50,632 tons of soybean meal, 3,773 tons of rapeseed meal and 428 tons of castor meal. On a month on month basis, the export of soyabean meal jumped to 1,60,949 tons from 51,805 in November 2016. 

However, the overall export of oilmeals during April to December 2016 was down 13% at 8,56,798 tons compared to 9,87,842 tons during the same period of last year. Among the major importers of oilmeals from India, South Korea’s import during April-December period declined to 4,52,099 tons from 6,16,691 tons in the corresponding period last year. Similarly, other importing countries like Vietnam saw their imports dwindling to 1,20,294 tons from 2,14,028 tons last year. 

Meanwhile, a seven-member delegation of the association is visiting Argentina from January 8-16 to study the Argentine soybean complex and to understand processing, production, exports and supply system of soybean. Argentina annually exports close to 3 million tonnes of Soybean Oil to India which is approximately 80% of the soybean oil imported by India.

Source: economictimes.indiatimes.com

DO YOU NEED HELP?

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+


What is New?

Date: 22-06-2017
Notification No. 31/2017-Customs (ADD)
Seeks to impose anti-dumping duty on imports of sewing machine needles originating in or exported from China PR

Date: 22-06-2017
NOTIFICATION No. 18/2017-Service Tax
Seeks to amend the Rule 7 and & 7B of the Service Tax Rules 1994 so that the return for the period from 01.04.2017 to 30.06.2017 shall be submitted by 15.08.2017

Date: 19-06-2017
Notification No. 18/2017- Central Excise (N.T.)
Notifying the date by which the Notification No.14/2017 CE (NT) dated the 9th June 2017 shall come into force.

Date: 19-06-2017
Notification No. 17/2017- Central Excise (N.T.)
Notifying the date by which the Notification No.13/2017 CE (NT) dated the 9th June 2017 shall come into force.

Date: 19-06-2017
Notification No. 16/2017- Central Excise (N.T.)
Notifying the date by which the Notification No.12/2017 CE (NT) dated the 9th June 2017 shall come into force.

Date: 16-06-2017
Notification No. 30/2017-Customs (ADD)
(a)Seeks to impose anti-dumping duty on "Clear Float Glass of nominal thickness ranging from 4mm to 12 mm (both inclusiveproduced and exported by M/s Tariq Glass Industries Ltd, Pakistan, originating in or exported from the Pakistan. (b)seeks to rescind the Notification No. 53/2015-Customs (ADD), dated the 30th October, 2015

Date: 15-06-2017
Notification No. 54/2017 - Customs (N.T.)
Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver

Date: 15-06-2017
Notification No. 53/2017 - Customs (N.T.)
Rate of exchange of conversion of the foreign currency with effect from 16th June, 2017

Date: 14-06-2017
Notification No. 29/2017-Customs (ADD)
Seeks to impose anti-dumping duty on "Soluble Salt Double Charge, GVT and PGVT, Porcelain/ Vitrified Tiles with less than 3% water absorption and All sizes"originating in or exported from the China PR for a period of five years (unless revoked, amended or superseded earlier) from the date of imposition of the provisional anti-dumping duty, that is, the 29th March,2016, imposed vide Notification number 12/2016 dated the 29th March, 2016

Date: 14-06-2017
Notification No. 28/2017-Customs (ADD)
Seeks to impose ADD on the imports of "Hydrogen Peroxide" originating in or exported from Bangladesh, Taiwan, Korea RP, Pakistan and Thailand for a period of five years.