India increased export of meal by 72% in May

The Vegetable Oil Producers Association of India (SEA) has reported a significant increase in meal exports in May 2023, with estimates at 436,596 tons, a 72% rise from May 2022. The total product exports from India in the April to May 2023 period also saw a increase, reaching 930,044 tons compared to 586,415 tons in the same period last year. This increase is largely due to a sharp rise in soybean and rapeseed meal shipments to countries such as South Korea, Vietnam and Bangladesh.