Argentina Reduced Soybean By-products Export In February

According to information from Oil World, Argentina has cut down significantly the export of soybean by-products in February.

The monthly soybean oil export was 266,000 tons (494,000 tons in February 2016). India with 166,000 tons (263,000), Bangladesh with 33,000 tons (59,000), Algeria with 1,000 tons (22,000), Iran with 0 tons (33,000) and Egypt with 0 tons (23,000) were the biggest buyers.

The monthly soybean meal export from the country was 2.19 mln tons (2.6) and the biggest clients were the EU with 857,000 tons (1.02), Egypt with 53,000 tons (79,000), Pakistan with 0 tons (122,000), Indonesia with 256,000 tons (228,000), Vietnam with 279,000 tons (244,000) and Turkey with 197,000 tons (55,000).

The monthly soybean export was 24,000 tons (6,000).