The soybean meal exports and exports of value added products of Soyabean have shown an increase of 594.90% and reached 2,07,977 tonnes in February 2017 from a low of 29,951 tonnes in February 2016. This data has been taken from a release issued by Soybean Processors Association of India (SOPA) on Monday( 06-03-2017).
On a year on year basis, the soy meal export in between April 2016 and February 2017 saw an increase of 234.39% and was seen at 8,09,271 tonnes. The soy export volume was at 3,60,652 tonnes when compared with the same time period of last year.
In the current oil year (October 2016– September 2017), the total export between the period of October 2016 to February 2017 is at 7,33,539 tonnes which are a rise of 360.98 % from 1,59,124 tonnes during the same period of last year. SOPA has taken the information received from its members, port Authorities, and other agencies and then compiled this data.