Less rainfall, strong domestic demand, India's soybean meal exports fell
-
Last Update: 2002-08-16
-
Source: Internet
-
Author: User
Search more information of high quality chemicals, good prices and reliable suppliers, visit
www.echemi.com
Introduction: Dow Jones New Delhi news on August 13 Dow Jones New Delhi news on August 13: according to insiders on Wednesday, India's soybean meal export is expected to decline due to low rainfall in rainy season this year and high domestic demand So far, the rainfall level in rainy season in India is low, which is likely to reduce the output of summer sown oilseeds or kharif oilseeds and grain, and reduce the export supply of soybean meal According to rajnikant Rai, vice president of International Business Department of ITC in India, the export of soybean meal is 500000 to 700000 tons lower than last year He predicted that the export of soybean meal in the next oil seed year (November October) would be reduced to 1.7-1.9 million tons, which is lower than the export volume of 2.3-2.5 million tons in the current agricultural year, mainly due to the reduction of soybean production The soybean meal of hK7 is mainly exported to Southeast Asia and the Far East This year, the rainfall in India is generally insufficient, and the total rainfall by August 7 is 29% lower than the normal level Although rainfall improved in the first week of August, most crops, including soybeans, had lower acreage than last year.
This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only.
This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of
the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed
description of the concern or complaint, to
service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content
will be removed immediately.
