Current Affairs Exam

Soyabean meal exports fall by 40% in a month

Soyabean meal exports in April plummeted to 2 lakh tonne, down 39 per cent from last month amid a drop in orders fromSouth EastAsian countries, according to a trade body.

Export of soyabean meal from India in April stood at 2 lakh tonne as against 3.27 lakh tonne in March. Though, exports in April were up on a year-on-year basis, according toSoybean Processors Association of India(SOPA).

The trade body said exports in April to Bangladesh was 61, 230 MT and Vietnam 42,837 MT, the two leading buyers of Indian origin soyabean meal.

Soyabean production inMadhya Pradesh, the leading soyabean producing state in the country, was estimated to jump to 54 lakh tonne.

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