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Export of oil meals in India for April-February rises 49%

India
Published Mar 21, 2021

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The export of soybean meal jumped mainly because of better realisations, thanks to lesser supply from Argentina and Brazil, coupled with good demand of non-GMO soybean meal from the US and Europe, the association said in a statement.The revival of export to Iran also resulted in an overall surge in export of soybean meal in the last four months, BV Mehta, executive director, SEA, said.According to the data, rapeseed meal export crossed a million tonne, owing to higher purchase by South Korea, followed by Thailand and Bangladesh. Ricebran extractions export doubled due to heavy demand from Vietnam and new demand from Bangladesh due to failure of the rice crop, Mehta said.Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, Check out latest IPO News, Best Performing ...
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