According to Oil World, in May India increases the purchases of soybean oil, which allows Argentina to raise its export up to 570 000 tonnes from 520 000 tonnes in May 2016.
According to Oil World, in April 2017 the global soybean export rose by 14 % compared to March up to 15.1 mln. tonnes and by 15% compared to April 2016
According to the Solvent Extractors'Association of India, in April the import of the product rose to 1.33 mln. tonnes given 1.2 mln. tonnes a year earlier.
According to Oil World, in April 2017, palm oil production in Malaysia rises to 1.5 mln. tonnes given 1.3 mln. tonnes a year earlier, against the backdrop of high yields in the oil plantations.
According to new data of Oil World, during the period January - March 2017, the global export of rapeseed/canola rises by 36% up to 5 mln. tonnes compared to the previous year.
Brazil's National Supply Company Conab raised its forecast for the soybean production in Brazil for the current season from 110.2 mln. tonnes to 113 mln. tonnes.
