India halts soymeal exports due to rising domestic prices and shifts to importing soybeans from Africa.
Indian traders have cancelled 25,000 metric tons of soymeal export contracts for the first
time since 2021 and booked 80,000 tons of imports from African
countries after soaring domestic prices reversed trade flows,
trade sources said.The cancellations are likely to help soymeal suppliers in
North and South America boost shipments to Asian buyers that
India cancels soymeal export deals, turns to Africa for soybean imports
Soybean prices jump 41%, forcing Indian traders to cancel exports
India turns to Africa and Latin America for crude imports amid Strait of Hormuz disruption
India turns to Latin American, African oil after Hormuz disruption
India imports oil from Latin America & Africa as Hormuz disruption shows no signs of abatement
Strait of Hormuz fears make Africa a lifeline for the world’s third-largest oil importer
India Turns to Russia, Brazil, and Venezuela for Crude | OilPrice.com
India crude processing falls 8.9% in April; Middle East supply shifts weigh on refiners
