Rapeseed Meal

The combined planting area for rapeseed and closely related mustard is expected to increase by 7% to 8% this year

India is aiming to regain its market share in China's rapeseed meal imports, taking advantage of the commodity's lower price as compared to the international rate amid global supply constraints, industry body SEA said on Monday. Indian rapeseed meal is trading at USD 202 per tonne (Ex-Kandla FAS) as compared to international price of USD 308 per tonne (Ex-Hamburg). This creates a compelling opportunity for Indian exporters. The Solvent Extractors' Association (SEA) has urged Ministry of Commerce to negotiate with Chinese authorities for relaxed import conditions. Currently, only three Indian facilities registered with China's General Administration of Customs are permitted to export rapeseed meal to the Chinese market, it said in a statement. China, a major consumer of rapeseed meal for animal feed, sources most imports from Canada and the European Union, where supplies have tightened and prices have risen. "Given the prevailing supply constraints and rising costs, India now has a

India may become a key supplier of rapeseed meal to China if Beijing eases its stringent trade restrictions on the commodity, according to industry body Solvent Extractors Association of India (SEA). A shortage of rapeseed meal in the European Union has driven global prices significantly higher. China, a major consumer, currently imports the protein-rich animal feed primarily from Canada and the EU. "Given the current supply constraints and rising prices, India has a renewed opportunity to explore and recapture its lost share in the Chinese market," Mumbai-based SEA said in a statement. Indian rapeseed meal is currently priced at USD 209 per tonne free alongside ship (FAS) at Kandla port, substantially lower than the USD 335 per tonne being quoted ex-Hamburg in the international market. "Leveraging this opportunity could not only boost India's exports but also help stabilize prices in the international market," SEA added. India, the world's third-largest rapeseed producer, ...

India, the world's third-largest rapeseed producer, has struggled to export significant amounts of rapeseed meal to China because of higher prices

As the world's second biggest wheat producer, India is counting on a bumper harvest in 2025 to avoid costly imports, following three straight years of poor crop yields since 2022

Oilmeal exports fell 35 per cent in June to 2,80,001 tonne, mainly due to lower demand of rapeseed meals from overseas, according to trade body SEA. Exports of oilmeals stood at 4,29,616 tonne in the same month last year. However, the overall exports of oilmeals rose 19 per cent to 12,10,045 tonne during April-June from 10,16,031 tonne in the corresponding period of the previous year. In the first quarter of 2023-24, export of soybean meal rose to 3,64,611 tonne compared to 75,454 tonne in the year-ago period. Exports of rapeseed meal fell to 6,20,738 tonne in April-June compared to 7,06,906 tonne in the corresponding period of the previous year. Ricebran extractions export dipped to 1,25,582 tonne in the first quarter of this fiscal from 1,49,008 tonne in the year-ago period. Castorseed meal exports increased to 90,750 tonne during April-June from 83,281 tonne in the corresponding period of the previous year. During the first quarter, South Korea imported 2,47,012 tonne of oilm

China was the top buyer of Indian rapeseed meal before the ban was imposed in 2011 over quality concerns