Stable price of Indian soybean meal
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Last Update: 2002-03-05
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Source: Internet
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Author: User
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Introduction: international agricultural trade network, March 4 - Indian soybean meal prices remained stable on Friday, although CBOT soybean meal prices rose Insufficient demand has resulted in less soybean meal turnover Nbot soybean oil futures prices remained strong, but the soybean meal market was not affected by it The quotation for soybean meal at gendra port is INR 8000 / ton, and the quotation for Fas soybean meal at gendra port is USD 169 / ton Indore market offers for mortgage and non mortgage soybean meal are INR 7550 / ton and INR 7500 / ton respectively The rapeseed meal market was closed on Thursday and reopened on Friday with very low volume It is reported that the transport capacity of rapeseed meal in Rajasthan is about 35000-40000 bags The price of rapeseed meal in Kota and Jaipur market is stable at INR 4700 / T and INR 5000 / T respectively Once a new squeeze begins, rapeseed meal prices are expected to fall India's export of rapeseed meal is expected to increase due to the competitive price of rapeseed meal in the international market, and it is expected that the price will fall further in the medium and long term.
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