Commodities Buzz: SEA Of India Estimates 8 percent Decline In Oilmeal Exports During April-May, 2018

As per latest release from Solvent Extractors Association of India, the export of oilmeals during May 2018, provisionally reported at 97,036 tons compared to 144,524 tons in May 2017. The overall export during April & May 2018 is reported at 321,179 tons compared to 348,222 tons during the same period of last year i.e. down by 8%. The export of rapeseed meal is sharply increased to nearly 143,000 tons, in first two months, mainly exported to South Korea and Thailand.