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May 31, 2025
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Tag: SEA

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‘Apply uniform import duties to all crude edible oils’

Mahalakshmi@fastura.com2 years ago04 mins

The Government of India has been requested to impose a standard import charge on all crude edible oils the Solvent Extractors’ Association (SEA) of India. Ajay Jhunjhunwala, president of SEA, stated in a monthly letter to association members on Friday that the association sent a representation to the government in its pre-budget memorandum covering numerous…

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  • NCDEX Market

Oilmeal exports increased by 50% from April to November as shipments of rapeseed meal increased

Mahalakshmi@fastura.com2 years ago02 mins

When compared to the same period in the previous financial year, the total export of oil meals grew by 50% to 23.92 lakh tonnes (lt) between April and November 2022­23 from 15.96 lt. The export of oil meals increased by 150 percent from 1.63 lt in November 2021 to 4.07 lt in November 2022, according…

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  • NCDEX Market

Oilmeals export increased by 38% during April­-Oct

Mahalakshmi@fastura.com3 years ago03 mins

India recorded a surge of almost 38% in total oil meal exports from April through October of FY23 thanks to a more than 100% increase in the export of rapeseed meals. The country exported 19.84 lakh tonnes (lt) of oil meals between April and October of 2022–23, compared to 14.33 lt during the same period…

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  • Indian Market

The cost of imported edible oil will increase by 34% in 2021–2022

Mahalakshmi@fastura.com3 years ago03 mins

The cost of importing edible oil into the nation increased by 118 percent from the 2019–20 oil season to the 2021–22 oil season (November–October). According to information provided by the Solvent Extractors’ Association of India (SEA), the value of imported edible oil increased by 34% from the season of 2020–21 to 2021–22, reaching $1.56 lakh…

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  • NCDEX Market

The size of Gujarat’s Kharif groundnut crop is estimated to decrease by 22%.

Meena@fastura.com3 years ago03 mins

Gujarat’s groundnut crop area is expected to decrease by 10.52% during the Kharif season of 2022–2023, which is expected to result in a 22.18% decrease in crop size. One of the main oilseed crops during the Kharif season is groundnut. Gujarat, a well-known groundnut-growing state, is included in the “SEA Groundnut Kharif Crop Survey 2022”…

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  • NCDEX Market

Soyabean production likely to be lower than Govt estimates

guna@fastura.com3 years ago03 mins

The Solvent Extractors Association (SEA) of India expects that the soyabean crop is likely to be lower at 10 million tonnes (mt) against the government’s estimate of 13.83 mt during the current season to June. The Union Ministry of Agriculture and Farmers Welfare’s third advance estimate for major crops had estimated the oil seeds output…

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  • NCDEX Market

Castor seed release estimate reduced to 18 lakh tonnes

Manikandan Fastura4 years ago01 mins

The Society of Indian Solvent Extraction (SEA)Castor seed down estimation for 2020-2021Is down 6.3 %unfavorable yield Weather. Third field sturdy castor growing areas showedoverall castor seed in India. There will be an annual release17.81 lakh tonnes (LT), down An 8%. The previous estimate was 19.02LT. castor oil in the final stages4th and 5th choice. But,…

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