# India's soymeal exports could fall a fifth as prices rally: dealers

> India's soymeal exports could fall by at least a fifth in 2017/18 as a rally in local soybean prices and a firmer rupee make Indian meal expensive for overseas buyers. Dealers estimate exports of 1.4 to 1.6 million tonnes versus 2 million a year earlier. Indian FOB soymeal rose over 15% in two months to $405 per tonne.

- Date: 2018-01-18 · published 2018-01-18T12:00:00.000Z
- Category: trade · region India · magnitude medium
- Page: https://feedsoft.ai/events/6905-india-s-soymeal-exports-could-fall-a-fifth-as-prices-rally-dealers
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

Less Indian meal in Asian markets opens room for US, Argentine and Brazilian meal to win sales to Bangladesh, Vietnam and Japan, which supports global soymeal prices.

## Read by commodity

- SBM: bullish ▲
- USDINR: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2026-05-19 | [India soymeal exports to fall to four-year low on rising prices \| MarketScreener](https://feedsoft.ai/events/19327-india-soymeal-exports-to-fall-to-four-year-low-on-rising-prices-marketscreener.md) | -1.1% | -11.7% |
| SBM | 2023-02-15 | [India's soymeal exports to soar as drought trims Argentine supply](https://feedsoft.ai/events/37414-india-s-soymeal-exports-to-soar-as-drought-trims-argentine-supply.md) | -0.8% | -2.3% |
| SBM | 2023-11-09 | [Soymeal exports likely to pick up soon as global prices rally: Report \| News - Business Standard](https://feedsoft.ai/events/33242-soymeal-exports-likely-to-pick-up-soon-as-global-prices-rally-report-news.md) | +4.0% | -4.8% |
| SBM | 2021-05-19 | [Pricey soyameal could drag oilmeals’ exports lower in H1  - The HinduBusinessLine](https://feedsoft.ai/events/47164-pricey-soyameal-could-drag-oilmeals-exports-lower-in-h1-the-hindubusinessline.md) | -4.8% | -9.2% |
| SBM | 2021-08-17 | [India could allow soybean meal imports \| 2021-08-17  \| World Grain](https://feedsoft.ai/events/45647-india-could-allow-soybean-meal-imports-2021-08-17-world-grain.md) | -3.2% | -2.8% |

## Sources

- business-standard.com: https://www.business-standard.com/article/reuters/india-s-soymeal-exports-could-fall-a-fifth-as-prices-rally-dealers-118011800446_1.html
- moneycontrol.com: https://www.moneycontrol.com/news/business/economy/indias-soymeal-exports-could-fall-a-fifth-as-prices-rally-dealers-2485923.html

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