date:Mar 29, 2013
imate suggests that this could amount to more than USD 50/tonne and provides a positive basis for Chinese exports to cater to South East soymeal demand.
Finally, Rabobank suggests that India which supplied 1.7 million tonnes of soymeal to South East Asia in 2011 may reach a situation where, it reduces the availability of soymeal for exports to South East Asia. This would be as a result of their growing animal protein industry and challenges in oilseed production growth.