China’s palm imports rise 16%, pressuring global prices

March 20, 2012 |

In Malaysia, palm oil futures have risen on the back of increased demand from China. China’s imports of palm oil for cooking rose 16% during the first half of February, partially boosting the price. Palm oil prices are also supported by increased petroleum prices, which boost interest in vegetable oil use for biodiesel.

Tags: ,

Category: Producer News

Thank you for visting the Digest.