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2009-10-06 | permalink
European demand to lift Indian non-GE soymeal exports and price
Indian soymeal exports may surge in the coming months, pushing up local prices by 10 percent, as Europe buys more varieties that are not genetically modified (GM), top industry officials and analysts said on Sunday. ”It is a possibility that India will export non-GM soymeal to the European Union this year. I can’t say how much can be exported,” leading analyst Thomas Mielke told an industry conference. Demand for Indian soymeal might push up prices by 10 percent to over $400 a tonne, cost and freight by December, said Davish Jain, head of the Central Organisation for Oils Industry and Trade.
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2009-10-06 | permalink
European demand to lift Indian non-GE soymeal exports and price
Indian soymeal exports may surge in the coming months, pushing up local prices by 10 percent, as Europe buys more varieties that are not genetically modified (GM), top industry officials and analysts said on Sunday. ”It is a possibility that India will export non-GM soymeal to the European Union this year. I can’t say how much can be exported,” leading analyst Thomas Mielke told an industry conference. Demand for Indian soymeal might push up prices by 10 percent to over $400 a tonne, cost and freight by December, said Davish Jain, head of the Central Organisation for Oils Industry and Trade.
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