China cut vegetable oil imports by 40% in MY 2021/22
In China, according to the results of the 2021/22 marketing year, a serious reduction in vegetable oil imports is recorded – by about 40%. According to analysts from the United States Department of Agriculture (USDA), between October 2021 and July 2022, the volume of purchases of these products decreased by more than 5 million tons. The largest decline, according to experts, occurred in relation to palm (2 million tons), rapeseed (1.2 million tons) and sunflower oil (1.1 million tons). At the same time, imports of soybean and peanut oil in MY 2021/22 also decreased significantly.
Tags: China, sunflower oil, soybean oil, corn oil, palm oil, imports, rapeseed oil, linseed oil, cottonseed oil
Read also
Couldn’t attend BLACK SEA GRAIN.KYIV? Catch up with the insights – get the e...
Another batch of Ukrainian grain was delivered to Sudan
Grain harvest in Russia in 2024 may drop to 135-136 mln tons due to drought
The 21st International Conference BLACK SEA GRAIN.KYIV took place in Kyiv on April...
Sunflower oil production in the world is growing and “breathing down the neck” of ...
Write to us
Our manager will contact you soon