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As per the latest release from Solvent Extractors' Association of India (SEA OF India ) , the total export of oilmeals during April to December 2012 was reported at 29.11 lakh tonnes compared to 39.35 lakh tonnes during the same period of last year i.e. down by 26%, mainly due to reduced demand from overseas market.
The export of oilmeals during December 2012 is reported at 5.44 lakh tonnes compared to 9.53 lakh tonnes in December 2011 i.e. down by 43%.
Exports of Oilmeals During April- December 2012 ( in lakh tonnes) :
|Oilmeals||Apl- Dec 12||Apl-Dec 11||% Change|
|Rice Bran Ext||1.76||1.25||40.80|
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India Infoline News Service / 08:59, Aug 25, 2014
The outlook is a flat start. The BankNifty has given a breakout but many of the large caps are remaining in a range keeping the main indices under pressure.