India's oilmeal exports jump 9% in February, driven by higher soymeal shipments.
There's good news and bad news for India's oilmeal exports. While February saw a 9% increase to 5.16 lakh tonnes, driven by strong soybean meal shipments, there are challenges on the horizon. Argentina's competitive pricing threatens India's dominance in the market, potentially impacting future export figures. Additionally, declining imports from key destinations like South Korea and Vietnam suggest a shift in global market dynamics, requiring Indian exporters to adapt their strategies.
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