Export of Soybean meal increases by 235% in July 2017 : SOPA

Posted by Daily Shipping Times on 10-08-2017        Tweet

NEW DELHI : Export of soybean meal and its other value added products during July 2017 has been pegged at 0.98 lakh tonnes compared to 0.29 lakh tonnes in July 2016 showing an increase of 235 per cent over the same period of last year, according to a release issued by Soybean Processors Association of India (SOPA).

On a financial year basis, the export during April’2017 to July’2017 is 4.69 lakh tonnes as compared to 1.19 lakh tonnes in the same period of previous year showing an increase of 292 per cent.

The release added that during current oil year, (October 2016 – September 2017), total exports during October 2016 to July 2017 is 16.46 lakh tonnes as against 3.48 lakh tonnes during the same period last year, showing an increase of 372.72 per cent.