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Soybean News - Spread between Indian and Argentinas soybean meal prices continued to narrow
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Spread between Indian and Argentina's soybean meal prices continued to narrow

As of 30th September, Indian Soymeal FOB prices trading at $508/MT, Argentina Soymeal FOB prices trading at $565/MT and spread stands at $43/MT. Decline in Argentine soymeal prices has led to squeeze in spread. If Indian soymeal prices becomes competitive in upcoming weeks, export demand may revive and Soybean prices may improve.