India's soymeal exports seen picking up as global prices rally
The pick up in exports can be very beneficial for availability of soyoil and hence, reducing imports of soyoil and palm oil in the coming months.
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The pick up in exports can be very beneficial for availability of soyoil and hence, reducing imports of soyoil and palm oil in the coming months.
India's May palm oil imports were its highest in seven months as it overcame curbs on Indonesian exports by taking supplies from other nations
India has allowed duty-free imports of 2 million tonnes each of crude soyoil and crude sunflower oil for the current and the next fiscal year to March 2024, a government order said on Tuesday, as part of efforts to keep a lid on local prices.
India's palm oil imports could fall 19 per cent to the lowest level in 11 years as soyoil, now cheaper, takes more market share