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India's DDGS exports jumped to 166,070 metric tons in FY2023-24, up sharply from the prior year, as grain-based ethanol expanded. Sources expect India to become a key supplier to the Middle East and Asia.
Growing domestic ethanol output is feeding export capacity.
More Indian DDGS in Middle East and Asian markets adds competition for US and other DDGS suppliers, pressuring export prices. Feed buyers in those regions may gain cheaper alternatives.
spglobal.comJun 11, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
