Limited supply and demand, flat price of Indian soybean meal
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Last Update: 2002-04-16
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Source: Internet
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Author: User
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Introduction: Dow Jones New Delhi, April 12 news: Indian soybean meal traders said Friday that due to limited supply and demand, the price of Indian soybean meal was the same as last week More than 80% of the soybean meal that India can export has already been exported On Friday, Indore's soybean meal trading price was 175-176 US dollars per ton, and Fas price was 176 US dollars per ton last Friday In Mumbai, soybean meal costs $177, slightly higher than last week's offer of $176 Exporters say soybean meal prices are expected to rise next week as supply tightens and domestic demand is likely to rise Note: 1 US dollar is 48.84 rupees.
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