China’s April palm olein imports rise 91% y-o-y to 224k tons and palm oil stocks remain elevated | China palm oil import Canva

China’s palm olein imports in April rose by 91% compared to a year earlier to 224,058 tons, data from the country’s General Administration of Customs (GACC) showed.

The year-on-year increase comes as buying improved following lower prices and amid an anticipated improvement in consumption following the opening of borders and relaxation of Covid restrictions.

However, shipments to the world’s second largest…

 

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