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El Nino effect: Oilseed imports surge in April
India significantly increased oilseed imports in April, driven by El Nino fears. Soybeans constituted ninety-five percent of these substantial oilseed purchases. This surge followed a domestic production decline and made imports commercially attractive. Industry experts noted the unusual jump in imports due to higher domestic prices. India relies heavily on imports for its edible oil requirements.
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economictimes.indiatimes.com
El Nino effect: Oilseed imports surge in April
India significantly increased oilseed imports in April, driven by El Nino fears. Soybeans constituted ninety-five percent of these substantial oilseed purchases. This surge…
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thehindubusinessline.com
Soybean imports up at 7.77 lakh tonnes till June-end, estimates trade body SOPA
Soybean imports surge to 7.77 lakh tonnes as exports of soybean meal are projected to decline due to rising prices.