The demand for soybean meal in India is weak, and the domestic crushing is declining
-
Last Update: 2001-12-20
-
Source: Internet
-
Author: User
Search more information of high quality chemicals, good prices and reliable suppliers, visit
www.echemi.com
Lead: Mumbai (Reuters) - weak demand for Indian soybean meal is forcing domestic crushers to cut the number of vacuum presses, and this trend will continue in the near future, Indian traders reported on Wednesday Japan is turning to the Chinese market because Chinese meal is cheaper and easier to deliver, while other traditional buyers, such as South Korea and Indonesia, are not interested in Indian meal because their purchase positions were full three quarters of the month ago Combined with the slowing demand of domestic poultry industry in India, the total demand of soybean meal in India has declined significantly According to Sandeep Agrawal, manager of Gujarat ambuja export company, the trend will not change until mid January unless international prices rise India exported 1.4 million tons of soybean meal in 2001 / 02 (as of October 2002), of which 800000 tons had been shipped India exported 2.22 million tons of soybean meal 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.
