According to estimates of large oil producers in Indonesia, at the end of May palm oils stocks in the country decrease to 1.09 million tonnes, given 1.31 million tonnes a month earlier.
During the period October - April 2017, 3.182 million tonnes of canola were exported from Australia, which is by 80% more than in the same period last year - 1.98 million tonnes. Major buyers were the EU - 2.89 million tonnes(+75% or 1.65), China - 119,000 tonnes (0 tonnes).
According to Oil World, during the period September - May 2016 – 2017 global soybean export will reach 99.5 million tonnes, which is by 4.04 million tonnes more than the previous season and it represents a 100% growth for the last 10 years.
According to Oil World, in May 2017, soybean oil export from the four major exporters decreased to 0.81 million tonnes, given 0.82 million tonnes in May 2016 and 0.87 million tonnes in April.
According to Oil World, in May 2017 palm oil export from Malaysia rises by 17% (+0.22 million tonnes) up to 1.51 million tonnes which is by 0.3 million tonnes more than in April.
According to Oil World latest forecast, in 2016 – 2017 China will import 91 million tonnes of soybean, which will be by 7.77 million tonnes more than in 2015 – 2016.
