Global pricing pressure drags down Indian oilmeal exports 36% in August

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- ✓Indian oilmeal exports fell 36 per cent in August due to global pricing pressure.
- ✓Data from the Solvent Extractors' Association showed exports hit 1.76 lakh tonnes against 2.76 lakh tonnes in August 2025.
- ✓BV Mehta said, "Cheaper supplies from South American producers like Argentina and Brazil continue to capture major market share."
Story at a Glance
- Category
- Indian Markets
- Reported By
- Business Line
- Reading Speed
- 3 Minute(s)
- Market Focus
- India Economy
Indian oilmeal exports declined 36 per cent in August due to pricing pressures in international markets.
Data compiled by the Solvent Extractors' Association of India (SEA) showed that India exported 1.76 lakh tonnes (lt) of oilmeals in August 2026 against 2.76 lt in August 2025.
The overall export of oilmeals declined to 12.82 lt during the first five months of the financial year 2026-27 from 17.93 lt during the same period of the previous financial year, recording a fall of 28.5 per cent.
BV Mehta, Executive Director of SEA, said Indian soybean meal faced severe pricing pressure in international markets during August 2026, trading around $622 a tonne compared to global benchmarks near $445 a tonne.
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