Myanmar imports 800,000 tons of soybean dregs for animal feed production each year

Published 2021년 1월 3일

Tridge summary

Myanmar requires over 800,000 tons of soybean oil dregs annually for animal feed production, due to increased demand from foreign and local investment. A lack of local supply has necessitated imports from countries such as the US, Brazil, and India. Currently, 20,000 tons of soybean oil residue is docked at Yangon Port, imported for chicken feed production. The inability to process and produce these raw materials domestically is hindering their production, a situation exacerbated by the competition from cheap imported palm oil.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to the "Seventh News" report on December 14, the Secretary-General of the Myanmar Fisheries Federation, Wu Wenzhai, introduced that Myanmar needs to import more than 800,000 tons of soybean oil dregs each year as raw materials for the production of animal feed such as chicken, pigs and fish. It is reported that, Due to the expansion of investment by foreign companies and local enterprises, the demand for raw materials for animal feed production has increased. Other raw materials such as bran and corn can be purchased locally. However, the supply of soybean oil residue is in short supply. It is necessary to import raw materials from the United States, Brazil, India and other countries. According to Wu Ming Guoguo, Secretary General of the Beans and Sesame Merchants Association, the association learned that the 20,000 tons of soybean oil residue (raw material) currently docked at YM SUMMIT Hailun in Yangon Port was imported as a raw material for chicken feed. Wu Wenzhai ...
Source: Foodmate

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