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India may ship record soybean meal


Posted: Aug 09, 2008 at 0041 hrs IST
Updated: Aug 09, 2008 at 0041 hrs IST

India, Asia's biggest shipper of soybean meal, may have record exports next year after rains spurred planting, curbing gains in world prices, a processors group said.

``India should have at least 15% more meal to export next year,'' Atul Chaturvedi, president at Adani Enterprises Ltd, an exporter, said in Ahmedabad. Showers in the past two weeks over Maharashtra, the nation's second-biggest grower, spurred sowing, Rajesh Agarwal, a spokesman for the Soybean Processors Association of India said.

Bloomberg

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