Soyameal export declines 80 per cent in July on poor demand.

New Delhi (PTI): India's soyameal export slumped 80 per cent last month on account of sluggish demand abroad, an industry body said on Thursday.

"The export of soyameal during July was 58,040 tonnes, compared with 2,84,990 tonnes in the corresponding month last year," Indore-based Soybean Processors Association (SOPA) said in a statement.

The overseas shipment of soyameal, used mainly as animal feed, has declined by 76 per cent so far this fiscal to 3,31,923 tonnes, SOPA said.