US-China Trade Thaw to Support Global Soybean Prices: Patanjali Foods CEO, Sanjeev Asthana　 #ETNOW

Sanjeev Asthana, CEO of Patanjali Foods and President of the Solvent Extractors Association of India, shares his expert view on the Trump-Xi meeting in Busan and its global agri-trade implications.

He calls the US-China trade thaw a positive signal for global commodities, especially soybean and soy oil markets. A tariff rollback from 100% to 40% could support US farmers and tighten global supply-demand, lifting prices.

For India, a major importer of edible oils, this could bring stability in prices and better income for domestic soybean farmers, aided by the Bhavantar scheme and strong crop output.

#patanjalifoods #sanjeevasthana #uschinadeal #soybeanprices #globaltrade #agricultureindia #etnow

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