Saturday, 14 May 2011

China, Cambodia new venues for oilmeal exports

via CAAI

BS Reporter / Ahmedabad May 14, 2011

India’s deoiled meals would remain in high demand in the overseas markets, as China and Cambodia emerge as the key export destinations for the commodity. According to the details provided by the Solvent Extractors Association of India (SEA), oilmeal exports from India have seen a sharp rise over the past one year, and the trend is expected to continue in the coming months.

According to the SEA estimates, China is now emerging as a key export destination for oilmeals. The neighbouring country is buying large quantities of extractions of rapeseed, soybean and groundnut from India. The total exports from India are expected to be around 500,000 tonnes per annum, valuing over Rs 600 crore.

Also, Cambodia is opening up its doors for the Indian oilmeals, due to better quality and convenient logistics. Traditionally, oilmeals that were used as cattle feed and poultry feed, were exported to countries such as Vietnam, Singapore and Philippines. India exports deoiled meals of soyabean, rapeseed, castor and groundnut.

A SEA delegation, led by its president Sushil Goenka, visited China and Cambodia during April 23 and May 3, with an objective to strengthen the relations with the end users of Indian deoiled meals (extractions). India being a producer of non-genetically modified variety of oilmeal, there were better prospects for overseas demand.

The delegation found China to be a potential market for exports of Indian deoiled meals, particularly for rapeseed. The exports can be doubled in the next three years from the present level of half a million tonne, SEA noted.

In order to promote the export of oilmeals, SEA has decided to participate in various exhibitions being held across China from time to time to create further awareness about Indian oilmeals, as well as create confidence in the minds of the Indian buyers being a serious and regular source of supply for oilmeals.


Anonymous said...

You're so cool! I do not think I've read through a single thing
like this before. So great to discover someone with a few original thoughts on this subject matter.
Seriously.. many thanks for starting this up.
This site is something that is required on the web, someone with
a little originality!

My site: cheap nike free run

Anonymous said...

May I just say what a comfort to uncover a person that actually understands what they're discussing on the internet. You certainly realize how to bring an issue to light and make it important. More and more people must look at this and understand this side of the story. I was surprised you aren't more popular since you definitely have the gift.

Also visit my web page - cheap nike free run

Anonymous said...

Thanks for the good writeup. It in fact was once a amusement account it.

Glance complicated to more added agreeable from you! However,
how can we communicate?

Here is my weblog - cheap mac makeup

Anonymous said...

Great article. I am going through many of these issues as well.


Here is my web-site :: Cheap Christian Louboutin

Anonymous said...

It's fantastic that you are getting ideas from this post as well as from our discussion made here.

Look into my page; ray ban outlet

Anonymous said...

Its such as you read my mind! You seem to understand so much about this,
like you wrote the guide in it or something. I believe that you could do
with a few p.c. to drive the message home a little bit, but other than
that, that is excellent blog. A fantastic read. I'll certainly be back.

my site ... cheap mac cosmetics

Anonymous said...

Helpful information. Lucky me I found your site by accident, and I'm surprised why this twist of fate didn't took
place earlier! I bookmarked it.

Also visit my site :: Ray Ban Outlet

Anonymous said...

Hi there would you mind stating which blog platform
you're working with? I'm looking to start my own blog soon
but I'm having a difficult time deciding between BlogEngine/Wordpress/B2evolution and Drupal. The reason I ask is because your design seems different then most blogs and I'm looking for something unique.
P.S Apologies for being off-topic but I had to ask!

My page; Ray Ban Outlet

Great Journeys said...

Thanks for the post. People who are really interested or knowledgeable in economics and politics can get the real differences that it is going to make in the life of the people. You may also take help from the experts to know the benefits Cambodia is really going to make with this business treaty.
Cambodian Language Course