Tag: palm oil demand
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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.
An LPG gas tanker at anchor as traffic is down in the Strait of Hormuz, amid the U.S.-Israeli conflict with Iran, in Shinas, Oman, March 11, 2026. REUTERS/Benoit Tessie
Conflict in the Middle East has only intensified over the past two years. The recent disruption of the Strait of Hormuz, the world's most critical energy chokepoint, has sent shockwaves across Southeast Asia, a region heavily dependent on fossil fuel imports. Around one-fifth of global ...
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.