Tag: canola oil
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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.
Chinese ambassador to South Africa Wu Peng together with Agriculture Minister John Steenhuisen mark the first shipment of stone fruit to China that will enter the market duty-free. Image via @SAgovnews
In a message to African heads of state gathered in Addis Ababa for the African Union's 39th summit last February, Xi Jinping announced that beginning May 1st, China would implement a “zero tariff” policy for the 53 African countries with which it has diplomatic relations. The message was clear. The African ...
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.