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Key Takeaway
- Factors affecting GN Ext. (Ex-Saur.) 45/2.5 prices: Prices are primarily influenced by groundnut production, seed availability, mandi arrivals, crushing volumes and groundnut meal inventories across the Saurashtra region. As a by-product of groundnut oil extraction, groundnut seed prices, groundnut oil prices, oil extraction yields and crusher margins directly affect meal pricing and supply.
- Demand from poultry, dairy, livestock and aquaculture feed manufacturers is a major driver, while the relative prices and availability of soybean meal, rapeseed/mustard meal, sunflower meal and cottonseed meal determine its competitiveness in feed formulations. Export demand, international protein-meal prices, currency movements and freight costs can further influence prices. Additionally, protein and residual oil content, moisture, aflatoxin levels, quality specifications, seasonal availability, processor capacity, inventory levels, regional feed demand and trader activity contribute to short-term price movements.
About This Dataset
GN Ext. (Ex-Saur.) 45/2.5 refers to groundnut extraction meal traded on an ex-Saurashtra basis and primarily used as a protein-rich animal feed ingredient.
Breakdown of the Trading Term
- GN Ext.: Groundnut extraction meal obtained after extraction of oil from groundnut kernels.
- (Ex-Saur.): Indicates Saurashtra as the dispatch, production or price basis.
- 45: Specifies a minimum crude protein content of 45%.
- 2.5: Specifies a maximum silica/sand content of 2.5%.
Commercial Relevance:
The specification provides a trading reference for groundnut meal based on protein concentration, impurity limits and the Saurashtra market basis.
Methodology
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