India increased oil meal exports by 36% in October

Published 2023년 11월 21일

Tridge summary

India's meal exports, particularly soybean and rapeseed meal, saw a significant increase last month, rising by 36% compared to the previous year. This rise in exports can be attributed to improved price competitiveness and limited supplies from Argentina. The main consumers of these Indian meal exports are Southeast Asian countries, where India has a logistics advantage and the capability to supply in smaller quantities.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

India's meal exports rose 36% last month, according to SEA industry data. Soybean meal exports increased to 87,060 tons last month from 40,196 tons a year earlier, while rapeseed meal shipments increased to 169,422 tons from 98,571 tons in the period. "Foreign demand for Indian soybean meal has increased due to improved price competitiveness and tight Argentine export supplies in recent months," SEA said. The product's main ...
Source: Oilworld

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