The meal is preferred over oilcake due to its
versatile use so the export of rapeseed-mustard seed oilcake is limited
as there is local demand in feed industry as well for solvent extraction for removal
of oil and meal which has preference in overseas market over oilcake. Bangladesh,
China, Japan, Thailand & Malaysia are the major buyers for rapeseed-mustardseed
oilcake. The prices of rapeseed-mustardseed oilcake
move in conjunction with other oilmeals and oilcakes esp. soybean meal as RSM,
is considered as cheaper substitute to SBM. (Indicative Commodity Prices in US$ PMT FOB port,
India) |