In July Chine decreases purchases of vegetable oils

31 Aug, 2017
In July Chine decreases purchases of vegetable oils
According to Oil World, in July 2017import ofkey vegetable oils to China decreases due to seasonal factors and import in recent months.

Import of palm oil decreased to 205,000 tonnes at 340,000 tonnes in July 2016 and soybean oil to 76,000 tonnes (98,000). Sunflower oil import is reduced to 44,000 tonnes (73,000), with 37,000 tonnes delivered by Ukraine and 5,000 tonnes by Russia (14,000).

Supply growth is only for rapeseed oil up to 61,000 tonnes - most of it is imported from Canada.

During the period January - July 2017, China increased soybean oil supplies to 437,000 tonnes (286,000), rapeseed oil to 540,000 tonnes (427,000), palm oil to 2.45 million tonnes (2.25).

Import of sunflower oil decreased to 396,000 tonnes (543,000), incl. From Ukraine 305,000 tonnes (379,000).