Industry officials predicted that favorable weather in major producing states and an increase in planted area would cause India’s output of mustard and rapeseed to soar to new heights in 2024. Increased production of rapeseed will assist the largest importer of vegetable oils in the world in reducing the amount of costly imports of soy,…
India’s total oilmeal exports increased by 1% in January thanks to a rise in the export of soy meal. According to information gathered by the Solvent Extractors’ Association of India (SEA), India exported 4.77 lakh tonnes (lt) of oilmeals in January 2024 compared to 4.72 lt in the same month the previous year. Nonetheless, overall…
The Solvent Extractors’ Association (SEA) of India provided data that revealed India exported 37.69 lakh tonnes (lt) of oil meals from April through February of the current fiscal year as opposed to 21.32 lt during the same period of the previous fiscal. According to BV Mehta, Executive Director of SEA of India, the price of…
