date:Jun 09, 2014
India's soyameal exports in May sank 91.5 percent from a year earlier to their lowest in 20 months, a trade body said on Friday, as higher soyameal prices prompted buyers to turn to competitor south America. Soyameal exports from India, Asia's top exporter of oilmeal, fell sharply to 8,226 tonnes in May from 96,492 tonnes a year earlier, the Solvent Extractors' Association of India (SEA) said in a statement.
Limited supplies of soyabeans for crushing in local markets mean that even in June soy