August 8, 2018 / 10:13 AM / 3 months ago

India's July oilmeal exports jump 18.3 pct y/y - trade body

MUMBAI, Aug 8 (Reuters) - India’s oilmeal exports in July jumped 18.3 percent from a year earlier to 148,983 tonnes as shipments of rapeseed meal surged, a leading trade body said on Wednesday.

The country’s July rapeseed meal exports soared 214 percent from a year-ago period to 46,364 tonnes, buoyed by upbeat demand from South Korea, Thailand and Vietnam, the Solvent Extractors’ Association of India (SEA) said.

Soymeal exports in the month dropped to 63,748 tonnes from 87,797 tonnes, trade body said. (Reporting by Rajendra Jadhav, Editing by Sherry Jacob-Phillips)

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