From Chairman's Desk

Dear Friends,

 

India’s merchandise exports in July 2021 was USD 35.17 billion, highest ever monthly achievement, which showed an increase of 47.91%  over USD 23.78 billion in July 2020 and an increase of 34.06% over USD 26.23 billion in July 2019.

 

India’s merchandise exports in Apr-July 2021 was USD 130.53 billion, an increase of 73.51%  over USD 75.22 billion in Apr-July 2020 and an increase of 21.82% over USD 107.15 billion in Apr-July 2019.

 

Exports of Groundnut increased to 49,935.26 Metric Tons during April 2021 from 12,654.43 Metric Tons during April 2020. In value terms Groundnut exports increased to Rs. 482.32 crores from Rs. 115.60 crores.

 

Sesame Seed exports during April 2021 increased to 18,103.33 Metric Tons in comparison to 10,024.94 Metric Tons during April 2020. In value terms, Sesame Seed exports increased to Rs. 206.22 crores from Rs. 133.57 crores.

Imports of Sesame Seed during the period April, 2021 have been about 1,413 Metric Tons in comparison to 14,950 Metric Tons during April 2020.

Niger seed export during April 2021 was 779.43 Metric Tons in comparison to 339.02 Metric Tons during April 2020. In value terms, Niger seed export was worth 8.05 crores in comparison to 2.53 crores.

The export of Sunflower seed during April, 2021 was 117.88 Metric Tons with a value of Rs. 0.89 crores in comparison to 50.00 Metric during April 2020 with a value of Rs. 0.29 crores. 

The export of Safflower seed during April, 2021 was 511.06 Metric Tons with a value of 2.66 crores in comparison to 20.00 Metric Tons during April, 2020 with a value of Rs. 0.09 crores. 

The export of Linseed during April, 2021 was 910.73 Metric Tons with a value of Rs.6.66 crores in comparison to 386.84 Metric during April 2020 with a value of Rs. 2.85 crores. 

The export of Groundnut oil during April 2021 was 5,526.80 Metric Tons with a value of Rs.85.40 crores in comparison to 2,930.44 Metric Tons during April, 2020 with a value of Rs. 36.21 crores. 

The export of Sesame oil during April 2021 was 823.80 Metric Tons with a value of Rs.18.10 crores in comparison to 491.82 Metric Tons during April 2020 with a value of Rs. 11.86 crores. 

The export of Mustard and Rapeseed oil during April 2021 was 457.02 Metric Tons with a value of Rs. 6.80 crores in comparison to 220.26 Metric Tons during April 2020 with a value of Rs. 3.08 crores. 

The export of sunflower and safflower oil during April, 2021 was 172.85 Metric Tons with a value of Rs.2.48 crores in comparison to 259.44 Metric during April 2020 with a value of Rs. 2.79 crores. 

The export of Linseed oil during April, 2021 was 163.99 Metric Tons with a value of Rs.3.26 crores in comparison to 1.4 Metric Tons during April, 2020 with a value of Rs. 0.03 crores. 

The export of Castor oil during April 2021 was 68,843.22 Metric Tons with a value of Rs. 725.54 crores in comparison to 41,466.12 Metric during April 2020 with a value of Rs.386.84 crores. 

Prices of various oilseeds (US$) are hovering around the levels as follows: 

Sesame Seeds

Basis FOB

Price per MT

(July 2021)

Natural Whitish 99/1/1

Mundra / JNPT

1180-1280 

Natural Whitish 98/2/2  

Mundra / JNPT 

1150-1250 

Hulled Auto Dried Sortexed Regular 99.95%

Mundra / JNPT

 1500-1600

Hulled Auto Dried Sortexed Premium 99.97%

Mundra / JNPT

 1520-1620

Black 99/1  Sortexed

Mundra

1650-1750 

Black Jet Sortexed

Mundra

2000-2100 

Ethiopian Whitish Humera

Djibouti

1500-1525 

Sudanese Whitish Gederaf

Port Sudan

 1475-1500

Sudanese Reddish

Port Sudan

 1180-1200




Other Oilseeds/oils

Basis FOB

Price per MT

(July 2021)

Safflower Seed 99% Purity

JNPT

750 - 770

Niger seeds 99$ Purity

JNPT

1150 - 1170

Linseed/Flax seed 99% Purity

JNPT

1150 - 1170

Black Sunflower Seed 99% Purity

JNPT

1020 - 1040

Striped Sunflower seed 99% Purity

JNPT

920 - 950

Mustard seeds Bold 99% Purity

Mundra

1050 - 1080

Mustard seeds small 99% Purity

Mundra

1100 - 1120

Castor Seeds 98% Purity

Mundra

790 - 810

Castor Oil FSG

Kandla, in flexi

1600 - 1620

Sesame Oil

Kolkata

2200-2300

Groundnut oil

Mundra

1900

Source: Trade Estimates

It is lately observed that there is tremendous vibrancy in the export initiatives and proactive approach across the government agencies and departments concerning exports.

    

The Council has been participating in programs organized by Indian Embassy to understand the MRL’s and providing inputs to establish confidence amongst importers on consignments exported from India

 

The Director General of Foreign Trade had organized a virtual meeting of all Export Promotion Councils on 19th July, 2021. 

 

On behalf of the members of the Council, domestic challenges such as additional declaration required in phytosanitary certificate by certain countries was discussed. The need to increase the validity of unit registration for exports of groundnuts to Vietnam to 3 years amongst others was highlighted during the meeting. 

 

The international challenges faced by the Indian exporters such as efforts to be undertaken to establish Pest Risk Analysis (PRA) for all agriculture products with the importing countries, to increasing the Quota of Peanut Butter being imported into USA from India. 

Korea levies duty of 630% or 6,660 won / kg, whichever is greater on import of Sesame seed (HS Code 1207400000) under public tender system and under private quota amongst others were also highlighted. 

 

The Council has been in the past trying to initiate interaction with the scientific fraternity and considering the need of the hour the Council organized a virtual meeting on 22nd July, 2021 with the Directorate of Groundnut Research (DGR), Junagadh, Gujarat and have initiated the discussion to understand the varietal seeds available for commercial production and explaining the need for cultivation of export quality Groundnut. 

 

The Council also initiated organizing a virtual meeting with the ICAR-Indian Institute of Oilseeds Research on 27th July, 2021 to discuss on cultivation of export quality Sesame Seeds. Scientists presented the variety of seeds available of production and the exports presented about the quality expectation from the importing countries. 

 

The Council is also exploring the possibility of conducting a Kharif Crop Survey 2021 and conducting Annual Trade Meet 2021 considering the Covid-19 protocols prevalent during that period.    

 

The Council has integrated issuance of Certificate of Origin (CoO) on the DGFT portal. Members may use this facility which has been painstakingly developed for ease of doing business and to facilitate the exporters.

As you are aware the Government has set an export target of USD 400 Billion during the year 2021- 2022. I once again appeal to our exporter members to strive for the same. Exporters may introspect the existing capability and draw an action plan to target geographic location wise market and try to increase export of existing and value added products. The Council welcomes your views, challenges faced if any and suggestions on the same can be reviewed and recommended to the concerned Ministry, Government of India for consideration. We assure you all possible support and co-operation to achieve the common goal of enhancing the export of Oilseeds and Oils from India. I wish to reiterate the slogan voiced by our Hon’ble Prime Minister of India “Sab Ka Sath Sab Ka Vikas”.

 

With Best Wishes and Regards,

 

Khushwant Jain

(Chairman)



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