India's oilmeals export fell by 35 per cent to 90,907 tonnes during last month on lack of price parity with global markets, according to industry data.
The country had exported 1,39,649 tonnes of oilmeals in September last year.
"The overall export of oilmeals during April to September, 2016 is reported at 4,21,741 tonnes compared to 7,49,397 tonnes during the same period of last year, down 44 per cent," Solvent Extractors' Association of India (SEA) Executive Director BV Mehta said in a statement.
This was due to lesser availability of oilseeds for crushing and continuous disparity in exporting oilmeals in international market, he said.
Disclaimer: No Business Standard Journalist was involved in creation of this content
