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Import and Export News

The Raisin Tendency of the Import Oil Crops and Edible Vegetable Oil in China this year

  1. China oil crops and edible vegetable oil market have the big demand gap. Recently years, the production of the edible vegetable oil in China keep in 8.3 million tons, the gap is 6 million tons.
  2. In 2003,China import soybean till 20.74 million tons, in 2000,import rapeseed 2.97 million tons. In 2003,China also import soy bean oil 1.88 million tons, raise 116.5%,import palm oil 2.33 million tons, raise 37.4%.
  3. It's estimate that the gap of the edible vegetable oil in China will keep the same level with the last year.
  4. Also estimate that the import of soybean and edible Vegetable oil in China will stable raise, but the import of rapeseed till raise fast. In the first season, China import soybean 5.41 million tons, raise 39.2% import edible vegetable oil 1.63 million tons, raise 200%, and only in the first two months, China already import rapeseed 197 thousand tons.