India may import around 1 mil mt of corn from Myanmar to meet local deficit

India is likely to import around 1 million mt of non-genetically modified corn from Myanmar into different southern ports of Tuticorin, Chennai, and Visakhapatnam to ease tightness in the domestic markets amid rising demand from the ethanol industry, trade participants said. The Indian government rolled out plans in February under which two government agencies — National Agricultural Cooperative Marketing Federation…India is likely to import around 1 million mt of non-genetically modified corn from Myanmar into different southern ports of Tuticorin, Chennai, and Visakhapatnam to ease tightness in the domestic markets amid rising demand from the ethanol industry, trade participants said. The Indian government rolled out plans in February under which two government agencies — National Agricultural Cooperative Marketing Federation…Read More