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China’s Palm Oil Demand to Drop as Cheaper Alternatives Rise, Analysts Say
By Bernadette Christina and Ashley Tang China’s demand for palm oil is expected to further decline this year as the country shifts to cheaper canola and soybean alternatives, palm oil traders and analysts said on Monday.
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A man uses his smartphone as a giant screen broadcasts news showing Chinese President Xi Jinping shaking hands with Cheng Li-wun, chairperson of the Kuomintang (KMT), Taiwan's largest opposition party at the Great Hall of the People in Beijing, China, April 10, 2026. REUTERS/Maxim Shemetov
By Peter Apps As U.S. Vice President JD Vance returned to Washington last weekend after unsuccessful peace talks in Pakistan over the crisis in the Gulf, China’s Foreign Ministry was preparing for a bumper slate of visitors, including Russian Foreign Minister Sergei Lavrov and the leaders ...
China’s Palm Oil Demand to Drop as Cheaper Alternatives Rise, Analysts Say
By Bernadette Christina and Ashley Tang China’s demand for palm oil is expected to further decline this year as the country shifts to cheaper canola and soybean alternatives, palm oil traders and analysts said on Monday.