STAT Communications Ag Market News

YTD Meal Exports up 67.7%

MUMBAI - May 14/02 - STAT -- India's exports of meals derived from crushing oilseeds totalled 201,450 metric tons (MT) during April, well above the 130,877 MT shipped during the same month last year, according to the Solvent Extractor's Association of India (SEA).

Meal exports during the opening month of the country's marketing year are typically lower than those during the previous quarter. This year was no exception, with shipments well below the 423,150 MT exported in March and the monthly average of 443,125 MT reported during the opening quarter of the 2002 calendar year.

Shipments so far this calendar year total 1.53 million MT, a solid improvement over the 912,785 MT shipped during the same January to April period last year.

There was no change in the proportions of each type of protein meal shipped, with soybean dominating exports, followed by rapeseed meal, with sesame and groundnut meal jostling for the number three spot.

                    India -- Oilmeal Export Summary
                             (metric tons)
                      Apr-Mar     Apr-Mar     Apr-Mar     Apr-Mar       April
                    1998-1999   1999-2000     2000-01     2001-02        2002
Soybean             2,733,013   2,249,505   2,182,142   2,509,207     122,625
Rapeseed              426,278      79,874      62,968     313,012      56,075
Groundnut              98,184       1,808      18,609     101,001       9,900
Rice Bran               7,144           0           0           0           0
Sunflower              11,070       3,918           0           0           0
Salseed                     0           0           0           0           0
Copra                  35,450      93,365      72,919      97,457      12,850
Sesame                      0           0           0           0           0
Cottonseed                  0           0           0           0           0
TOTAL               3,311,139   2,428,470   2,336,638   3,020,677     201,450
Based on data from the Solvent Extractor's Association of India

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