Indian Buffalo Exporters Face Raw Material Shortage, Expected to Normalize in Aug-23

Indian buffalo exporters have been experiencing a raw material shortage since Jun-23, mainly caused by the Eid-al-Adha season and increased domestic consumption during the Muharram holidays. The supply is expected to normalize in Aug-23, but the delays in export shipments during July could lead to higher prices for Indian buffalo meat. Nevertheless, experts foresee the buffalo prices stabilizing in Sep-23.