The purchase comes as a result of the terminated delivery from the USA.

Chinese corporation Cofco will buy 49% of Nidera. The Chinese bought in 2014 51% and now they a buying the reast of Nidera shares.

Wilmar reported that sunflower oil stocks in China were record 323,000 tons at the beginning of 2017 versus 130,000 tons at the beginning of 2016 and 56,000 tons at the start of 2015. Thus sunflower oil stocks at the start of 2017 were 30% of the import for the whole 2016.