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Solvent Extractors News
Oilmeal exports increase 24% in December The shipment of oilmeals, a major animal and bird feed, jumped 24 per cent in December on better availability supported well by rapidly growing demand from overseas. The rise in oilmeal exports indicates an increase in the expenditure on birds and animals — on a recovery in economic activity. Data compiled by the Solvent Extractors’ Association (SEA) show oilmeal exports jumped to 953,526
Castor production in Gujarat likely to cross 1 mn tonne mark
On the back of increased sowing of castor seed during the Kharif season this year coupled with favourable weather conditions, castor production in Gujarat, the largest producer of the commodity, is
Veg oil imports to rebound, despite high output
Despite higher estimated domestic output, vegetable (veg) oil import in India is likely to rise six per cent this oil year (November 2011-October 2012) to bridge the deficit on growing consumer
SOMA admits to mixing in edible oil by millers
Alleges that trade bodies like SEA, IOPEPC give unrealistic crop estimates.
Low acreage not to affect groundnut output
According to a survey done by a trade body, in spite of a drop in acreage, groundnut production this year is likely to be close to that last year.
Veg oil imports may fall 5% on increased supply
Vegetable oil imports are likely to decline by five per cent this oil year (November-October), due to rising availability from domestic mills. |
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