India may increase soybean meal exports

게시됨 2023년 11월 10일

Tridge 요약

Increased concerns over the Brazilian soybean crop have raised prices for soybean meal, leading to potential increased exports from India. Higher demand for Indian meal has also been seen due to rising prices for American meal on the CBOT exchange. Indian traders have already secured contracts to supply 300 thousand tons of soybean meal to Bangladesh, Iran, Nepal, and Vietnam, and it is expected that increased exports could lead to higher soybean crushing and soybean oil supply in India, potentially reducing the country's imports of soybean and palm oils.

면책 조항: 위의 요약은 정보 제공 목적으로 Tridge 자체 학습 AI 모델에 의해 생성되었습니다.

원본 콘텐츠

India may increase soybean meal exports in the next few months as some concerns over the Brazilian soybean crop push prices for the product to a two-month high. This also contributes to increased demand for Indian meal. Higher demand for Indian meal was also observed against the backdrop of an active increase in prices for American meal on the CBOT exchange - by 20% over the past 5 weeks. As noted, Indian traders have already concluded contracts for the supply of about 300 thousand tons of soybean meal to Bangladesh, Iran, Nepal and Vietnam in ...

출처: Oilworld