date:Nov 28, 2013
ther buyers, said Rajesh Agrawal, chief co-ordinator at the Soybean Processors' Association of India (SOPA), a trade body.
Now, Indian exporters need to align prices in line with international prices, otherwise India will lose its share, Agarwal said.
But that could prove a difficult task for exporters. The competition among them due to the robust Iran demand has doubled prices across India of basmati rice and soybean in the past two years and now local farmers see little reason for discounts.