Lower rapeseed, castorseed meals consignments drag overall shipments
The overall export of oilmeals decreased to 27.51 lakh tonnes (lt) during April-November of 2024-25 against 29.64 lt in the corresponding period of 2023-24, registering a 7.15 per cent decline.
BV Mehta, Executive Director of the Solvent Extractors’ Association of India (SEA), attributed this decline to reduction in export of rapeseed meal and castorseed meal. During April-November 2024-25, India exported 13.21 lt of rapeseed meal (16.07 lt in April-November 2023-24), and 1.97 lt of castorseed meal (2.54 lt).
Total oilmeals exports during November 2024 stood at 3.63 lt (3.97 lt in November 2023), registering a decline of 8.63 per cent.
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