Sunflower oil imports to China hit three-year high

In 2023, China's total sunflower oil import volume will increase significantly, but the downstream peak season is not favorable, demand is average, and the domestic market as a whole has a trend of high supply and weak demand. Let's look at the situation with imports in October, oilworld.ru reports with reference to China News. According to import statistics from the General Administration of Customs of China, domestic imports of virgin sunflower oil amounted to 92,500 tons in October 2023, valued at $88 million. The import volume increased by 18,900 tons compared with the month of September. - monthly growth of 25.60%; An increase of 37,000 tons compared to the same period last year. At this stage, the spot price of domestic sunflower oil is relatively stable: crude sunflower oil costs 8,250-8,400 yuan per ton (8,250 yuan = 101,496 rubles. note oilworld.ru), and first-grade sunflower oil costs 8,800-8,900 yuan per ton. a ton As of October 2023, China's total imports of virgin ...