China Palm Oil Imports Dropped to Its Lowest Since June 2016
10
VIEWS
by Desmond Ng
In June 2017, total import of three major vegetable oils was at 434,365 MT, which was an increase of 48.88% from last year’s volume. Among these, import volume of palm oil was 217,306 MT, decreased by 8.54% or 20,279 MT as compared to the same period last year, which is the lowest since June 2016. Data from China Customs showed that in June 2017 China imported 94,464 MT of palm oil from Malaysia, 122,618 MT from Indonesia. In this particular month, Malaysia and Indonesia occupied 43.47% and 56.43% of the market share respectively. Rapeseed oil import increased sharply by 593.49% or 65,153 MT as compared to one year ago; and soybean oil import was 140,929 MT in June, increased by 97,741 MT or 226.32% as compared to last year, which means palm oil suppliers will face stiffer competition as the import of soybean oil and rapeseed oil surge in China of June 2017.
You need to login to view the report.
Questions & Answers (0) :
Please login to post Question & Answer
Login
Please login/register to view the reports.
Username:
Password:
  Forgot password?
NOT A MEMBER?
Click here to register.
For enquiries, please contact: help@pomdr.org.my
Latest Reports

Latest Reports

Our Regional Experts

USA
Mr. Zainuddin Hassan
zainuddin@mpocus.com
   
Europe
Mr. Uthaya Kumar
kumar@mpoc.eu
   
Turkey
Mr. Mohammad Hafezh
mhafezh@mpoc.org.my
   
Egypt
Mr. Mohamad Suhaili
msuhaili@mpoc.org.my
   
South Africa
Mr. Kamal Azmi
kazmi@mpoc.org.za
   
Pakistan
Mr. Faisal Iqbal
faisal@mpoc.org.pk
   
Bangladesh
Mr. AKM Fakhrul Alam
fakhrul@mpoc.org.bd
   
India
Ms. Bhavna Shah
bhavna@mpoc.org.in
   
China
Mr. Desmond Ng
desmond@mpoc.org.cn
   
Asia Pacific
Mr. Mohammad Hafezh
mhafezh@mpoc.org.my

 

Disclaimer Close
  • Members are entitled to FREE online reports available in this website. For additional services, minimal surcharge may apply.

  • The membership to this website is only applicable to the Malaysian palm oil industry members. If you’re not a Malaysian company, please write to MPOC to be a member.

  • MPOC holds the right to refuse admission to any member as information in this website are meant only for members consumption.
Contact Us Close
Should you require further information, please feel free to email us at the following addresses:
© Copyright 2018 Malaysian Palm Oil Council. All Rights Reserved.