New Delhi, Nov. 9 -- India's oilmeal exports declined 28.51 per cent to 12.82 lakh tonnes during April-August 2026, compared with 17.93 lakh tonnes in the corresponding period last year, mainly due to a sharp fall in soybean meal shipments, according to the Solvent Extractors' Association of India (SEA).

Soybean meal exports fell 73 per cent to 2.05 lakh tonnes from 7.57 lakh tonnes a year earlier. The SEA attributed the decline to the higher price of Indian soybean meal compared with international benchmarks ,PTI reported.

"Indian soybean meal has faced severe pricing pressure in international markets during August 2026, trading around USD 622 per tonne compared to global benchmarks near USD 445 per tonne," the SEA said in a statement....