The Bangladesh feed industry is gaining from the surge in ethanol production in India, as Indian rice and corn DDGS have become the preferred choice for local feed manufacturers, reported Asian Agribiz.
Mohammad Nazrul Islam, General Secretary of the Feed Industries Association of Bangladesh, told Asian Agribiz that the markets for DDGS and corn gluten meal have shifted towards India due to its significantly more competitive pricing compared to the US. He noted that the price gap between US and Indian corn DDGS could be as much as USD 100 per ton, making Indian supplies more attractive. “We are a price-sensitive market, and the feed industry has been struggling recently. So, price is a crucial factor,” Islam explained.
At the same time, the Indian poultry sector is advocating for corn imports as domestic corn prices rise due to increased demand from the ethanol industry.
