MercoPress. South Atlantic News Agency
Soy-oil: Argentina hopeful India will replace China as main client
India could become the main buyer of Argentine soybean oil according to Industry Minister Deborah Giorgi. The official made the announcement following a meeting on Monday with Indian in Buenos Aires Rengaraj Viswanathan. Read full article
Comments
Disclaimer & comment rulesWell if China doesn't want to buy India does now we have to review if our regulation and standards are met by China.
Jul 27th, 2010 - 04:25 am - Link - Report abuse 0Life is like this
India is a great country they have something in commun with Argentine's, the enemy.
Jul 27th, 2010 - 06:29 am - Link - Report abuse 0Soyabean oil is a much sought commodity and incredibly easy to sell in today’s market.
Jul 27th, 2010 - 06:57 am - Link - Report abuse 0http://www.commodityonline.com/commodities/oil-oilseeds/soyabeanoil.php
September future prices are also higher than the old price agreed with the Chinks....
We could call this a Win - Win situation.
We showed the Chinese that we do not “bow too low” and we get a better price for the oil.
Nice Cristina and the team!
Prices of commodities and row materials will rise as China and India started to compete (and not con pete haha) each other to get supplies as their economies get bigger and bigger.
Jul 27th, 2010 - 08:09 am - Link - Report abuse 0It is good to diversify our trade else any unilateral action from a big client can cause us a big hole, like happen with Argentina in 1930 with UKI.
I go for the idea to become less and less, and less dependent of the export agri-business sector, even today AB is a little 7% of the GDP we have to expand more the exporting industrial sector.
If neighboring countries sells more commodities and they expand their economies we can sale to them more manufactured products and processed food.
We also have little trade with Africa and Middle East we can export there a lot of things see Brazil how sells to Nigeria for example they represent the 10% of Nigeria Imports. And Nigeria has a GDP bigger than Chile now 170bn.
South Africa 280bn all bigger exporters like China, Germany, Brasil, ect export to countries like this.
We are obsessed with Europe and US exporting to Europe or USA or China is 100% more difficult than to export to little countries or medium sizes countries.
Well I start to sound like The Economist haha
I just wonder were are fellow Fl@nders and the Royal Navy has anyone seen them?
Dreamland?
Jul 27th, 2010 - 10:53 am - Link - Report abuse 0Royal Navy? You're not supposed to see them. They see you!
OK where are all the people who stated that Argentina will lose big time with China blockade ? I remember posting a comment that antisipated India needs for soy and that the price arranged with China was too low to compete with other countries that needed soy as well, I also remeber the bashing I got from my british admirers and loyal followers of my views, how did it go my loyal subjects ? why all the silence ? must be sad and lonely to be wrong all of your life and to have to bully people or threaten them with war to convince them of your pathetic ideas, #4 british will hide since it would be hard to bash Argentina's great trading outcome with India, you can probably find them trolling on the same pages that say bad things about Argentina.
Jul 27th, 2010 - 09:44 pm - Link - Report abuse 0Let's see. China blocks soy-oil imports. And Argentina is hopefulof India. That's it?
Jul 28th, 2010 - 10:02 am - Link - Report abuse 0Commenting for this story is now closed.
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