Soybeans oil
Product description
Product Description
* Widely used & consumed vegetable oil in the international markets.
* Palm and Soybean oils together constitute around 68% global edible oil trade volume, with soybean oil constituting 25 %. During the last decade, volume of soybean oil has grown at the rate of 4.05%.
* It accounts for nearly 25% of the World's total oils and fats production.
* Globally, production of soybean oil has grown at the rate of 5.8% during the last decade.
* Increasing price competitiveness, and aggressive cultivation and promotion from the major producing nations have given way to widespread soy oil growth- both in terms of production as well as consumption.
* Argentina, Brazil, US, China and India along are the major contributors for the growth.
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