Indore, India's soybean meal exports fell nearly 63 percent to 60,000 tonnes in March due to high prices and the conflict in West Asia, a processors' association said on Tuesday.
According to the Soybean Processors Association of India (SOPA) estimates, 1.62 lakh tonnes of soybean meal had been exported in March 2025.
Soybean meal is left after soybean oil is extracted in processing plants. It is a significant source of protein and used to produce food products like soy flour and soybean chunks, as well as animal feed and poultry and fish feed.
SOPA Executive Director D N Pathak told PTI that Indian soybean meal prices have remained higher than those in other major exporting countries like the US, Brazil and Argentina for a long time.
"Due to the conflict in West Asia, the supply of Indian soybean meal to countries like Iran, the United Arab Emirates (UAE), Kuwait, and Oman has been disrupted, increasing pressure on exports," Pathak said.
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