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South East Asia looks to buy more corn from India.
Dec 09, 2021

South-East Asian countries, particularly Indonesia, Vietnam and Malaysia, are looking to buy more corn from India with exporters getting enquiries for shipping out a considerable volume until March next year, according to traders.
 
The demand has cropped up after global corn prices have come off the 10 year highs witnessed during the middle of the year but Indian exporters are competing fiercely among themselves.
 
'There is good movement of corn to South-East Asia after prices have dropped globally. But there is strong competition among Indian shippers, resulting in tight margins,' said M Madan Prakash, President, Agri Commodities Exporters Association (ACEA).
    

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