S-E Asia turns to India for maize on Myanmar unrest, surging freight rates

Unrest in Myanmar and large shipping and delivery fees have resulted in South-East Asian nations around the world and Bangladesh turning to India to meet up with their maize (corn) desire for feed purposes.

“Vietnam, Malaysia, Bangladesh and Sri Lanka are getting maize from India,” claimed Bimal Bengani, Managing Director of Kolkata-primarily based buying and selling residence Bengani Foods Products and solutions Pvt Ltd.

“Malaysia, Vietnam and Thailand are getting Indian maize to meet up with the desire of the rooster and poultry sectors. 1 motive for these nations around the world to turn in the direction of India is the unrest in Myanmar arising out of the Army taking about the administration there,” claimed Delhi-primarily based trade analyst S Chandrasekaran.

These orders have arrive to India about the final just one-and-a-50 percent to two months.

“We are getting orders from nations around the world this sort of as Malaysia

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