Jun 7 2010 10:35AM
MUMBAI (Dow Jones)--India's soymeal exports in May fell 32.4% to 60,228 metric tons from 89,156 tons a year earlier, the Soybean Processors Association of India said.
The country's soymeal exports have been falling over the past few months due to weak global demand and because local prices are higher than international rates.
Soymeal exports in the October-May period declined 41.1% to 1.62 million tons, the trade body said in a statement over the weekend.
India exports soymeal mainly to Southeast Asian countries.
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