Palm imports climbing as quarantine concerns ease
Updated: 2013-02-21 16:56
(China Daily)
|
|||||||||||
Palm oil imports by China, the biggest cooking oil consumer, are predicted to jump 14 percent in February on optimism stricter quarantine inspections won't hurt trade.
Shipments are likely to rise to as much as 400,000 metric tons from about 350,000 tons in January, the median of a survey of four researchers and one trader showed. That compares with 384,000 tons in February last year. Increased purchases by China, the largest buyer after India, are expected to extend a 5.5 percent advance in futures this year on the Malaysia Derivatives Exchange, the global benchmark.
China Daily - Agencies
Related Stories
Palm oil imports to drop, boosting world stockpiles 2013-01-15 14:47
Sinograin looks at overseas deals to feed demand 2012-12-12 10:17
Sales of drink from Taiwan on additive health scare 2011-06-13 10:07
Palm oil tumbles 2011-02-25 13:10
Import slowdown fears hit palm oil 2010-01-27 08:02
China biogas project operational in Malaysia 2008-01-20 15:59
Today's Top News
Police continue manhunt for 2nd bombing suspect
H7N9 flu transmission studied
8% growth predicted for Q2
Nuke reactor gets foreign contract
First couple on Time's list of most influential
'Green' awareness levels drop in Beijing
Palace Museum spruces up
Trading channels 'need to broaden'
Hot Topics
Lunar probe , China growth forecasts, Emission rules get tougher, China seen through 'colored lens', International board,
Editor's Picks
![]()
|
![]()
|
![]()
|
![]()
|
![]()
|
![]()
|