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Global oils & fats event held first time in India

Sharath Chowdary | The Dollar Business A UK based magazine Oil & Fats International (OFI) ) organised an international event OFI India 2016 for the first time in India at Hyderabad. The event runs for two days, 13th and 14th April at Hyderabad International Convention Centre, Hyderabad. Addressing the media on the occasion, Mark Winthrop-Wallace, Sales Manager, Quartz Business Media said, “OFI 2016 is a wonderful opportunity for those involved in the edible oils and fats sector to learn, debate, network and to gather in an international environment to do business.” “OFI exhibition and conference is a biennial event that takes place globally at various potential cities for edible oils and fats sector. Last time it was organised on 13-14 May 2014 at ...

Soymeal exports register 92% decline in November

Exports fall is due to high price of soybean in domestic market and lower realization for meal and oil, which resulted in fall in crushing The Dollar Business Bureau UAE, which was a leading importer accounting for 9050 tonnes of the total 18016 tonnes of Indias export during April this year, remained inactive in the start of the current oil year     While Indias overall oilmeal exports fell by 41% in November, soymeal exports alone registered 92% year-on-year decline during the month, reducing to just 8,909 tonnes against 1.10 lakh tonnes shipped during the previous year. During the first two month of the current oil year (October-November 2015), total soymeal exports remained 13,147 tonnes as against 1.40 lakh tonnes of the previous year, registering ...