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S-E Asia turns to India for maize on Myanmar unrest, surging freight rates

April 16, 2021
Malaysia, Thailand and Vietnam purchase Indian produce for poultry feed
Unrest in Myanmar and high shipping charges have resulted in South-East Asian countries and Bangladesh turning to India to meet their maize (corn) demand for feed purposes.
“Vietnam, Malaysia, Bangladesh and Sri Lanka are buying maize from India,” said Bimal Bengani, Managing Director of Kolkata-based trading house Bengani Food Products Pvt Ltd.
“Malaysia, Vietnam and Thailand are buying Indian maize to meet the demand of the chicken and poultry sectors. One reason for these countries to turn towards India is the unrest in Myanmar arising out of the Army taking over the administration there,” said Delhi-based trade analyst S Chandrasekaran. ....

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Maize prices gain as exports record six-year high - The Hindu BusinessLine

Maize prices gain as exports record six-year high - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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India's Maize Exports At Six-Year High: Here's What Stakeholders Say Whether The Trend Can Be Sustained

Indiaâs Maize Exports At Six-Year High: Hereâs What Stakeholders Say Whether The Trend Can Be Sustained
by M R Subramani - Jan 1, 2021 09:53 AM
A farmer dries maize on a road in Medak District, some 60 km from Hyderabad. Photo credit: NOAH SEELAM/AFP/GettyImages
Snapshot
Indian maize exports can continue around current levels in the long-term if prices are competitive for importers and production can meet domestic demand.
Indiaâs maize (corn) exports have surged to a six-year high in the first half of the current fiscal with shipments already having trebled compared with the whole of last fiscal. ....

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