date:Nov 27, 2013
turns of oilmeal exporters. The rupee rose on Tuesday.
* The continuous appreciation of the rupee has been putting pressure on edible oil and oilseed prices, said Badruddin Khan, associate vice-president of research at Indiabulls Commodities.
* There are concerns that Iran may switch to Argentina and Brazil for soymeal as sanctions have been eased.
* Iran is the biggest buyer of Indian soymeal. It often pays premium for Indian soymeal over global prices as Tehran struggles to secure supplies