India's February oilmeal exports more than double

India's oilmeal exports more than doubled in February from a year ago, the eighth straight monthly rise, on good demand from buyers in Japan, Middle East and China, data from a leading trade body showed. Oilmeal exports from India, Asia's leading supplier of the animal feed, were 10 percent higher month-on-month at 703,400 tonnes, the Solvent Extractors' Association of India (SEA) said in a statement on Monday.
Soyameal exports, which are the bulk of the sales, more than doubled to 540,360 tonnes in February from a year earlier, but were 6 percent lower than in the previous month. In February, Vietnam rejected three small cargoes of corn and soyameal from India over fumigation issues, turning to more expensive supplies from Latin America.