In the first 2 months of 2024, China imported 1.21 mln tons of vegetable oils

Source:  Oilworld
растительные масла

According to the General Administration of Customs of China (GACC), the country imported 6.19 mln tons of corn in January-February this year, which is 16.1% higher than a year earlier. The amount spent on the purchase of the mentioned volume of the grain amounted to $1.765 bln.

In addition, according to the GACC, China imported 2.51 mln tonnes of wheat (-16.9% y-o-y) worth $803.6 mln in the first two months of this year. Soybean imports amounted to 13.04 mln tonnes (-8.8% y-o-y) worth $7.439 bln.

Also, in the period under review, the country imported 1.21 mln tons of oil, which is 12.4% less than in the previous year. In monetary terms, imports decreased by 28.7% to $1.195 billion. In particular, imports of palm oil totaled 390 thousand tons in January and February, down 37.1% year-on-year to $339 million.

Tags: , ,

Got additional questions?
We will be happy to assist!