# Soyabean, rapeseed boost Indian oilmeal exports up by 21% in April-Nov - The HinduBusinessLine

> India's oilmeal exports rose 21% in April-November 2023-24 to 2.883 million tonnes, driven by soybean and rapeseed meal shipments. Indian soybean meal was priced competitively against Argentine supplies, which were short.

- Date: 2023-12-18 · published 2023-12-18T12:00:00.000Z
- Category: trade · region India · magnitude low
- Page: https://feedsoft.ai/events/32821-soyabean-rapeseed-boost-indian-oilmeal-exports-up-by-21-in-april-nov-the
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Argentine shortages and Indian competitiveness shift Asian soymeal and rapeseed meal demand toward India, supporting Indian-origin prices and easing pressure on Argentine offers.

## Read by commodity

- SBM: neutral
- CANMEAL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2021-07-16 | [Indian soyameal outpriced in global market, exports slump 50% in June  - The HinduBusinessLine](https://feedsoft.ai/events/46147-indian-soyameal-outpriced-in-global-market-exports-slump-50-in-june-the.md) | +0.3% | -1.4% |
| SBM | 2021-04-29 | [Buyers abroad shun costlier Indian soyameal  - The HinduBusinessLine](https://feedsoft.ai/events/47673-buyers-abroad-shun-costlier-indian-soyameal-the-hindubusinessline.md) | +0.1% | -7.6% |
| SBM | 2025-10-29 | [India's soybean meal exports fall by 11% due to high prices - The Economic Times](https://feedsoft.ai/events/22478-india-s-soybean-meal-exports-fall-by-11-due-to-high-prices-the-economic-times.md) | +3.4% | +2.2% |
| SBM | 2021-11-25 | [Increased soyameal and rapemeal prices resulted in lowered oilmeal exports - Benison Media](https://feedsoft.ai/events/44125-increased-soyameal-and-rapemeal-prices-resulted-in-lowered-oilmeal-exports.md) | -0.6% | +11.2% |
| SBM | 2023-05-25 | [Ukraine sharply increased exports of soybean and sunflower meal in 2022/23 MR](https://feedsoft.ai/events/36067-ukraine-sharply-increased-exports-of-soybean-and-sunflower-meal-in-2022-23-mr.md) | -2.3% | +6.9% |

## Sources

- thehindubusinessline.com: https://www.thehindubusinessline.com/markets/commodities/soyabean-rapeseed-boost-indian-oilmeal-exports-up-by-21-in-april-nov/article67650211.ece

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.