The European Union has reduced imports of palm oil by almost 1.5 times since the beginning of July
RBD Palm Oil
Published Aug 27, 2022
Tridge summary
Since the beginning of July, the EU countries have imported more than 510 thousand tons of palm oil (-42.9% compared to the same period last year) - almost 90% of supplies come from five key exporting countries. Such data are provided by analysts of the European Commission in their monitoring. It is noted that Indonesia became the main supplier of "palms" to the EU during the reporting period, exports from this direction amounted to over 162.95 thousand tons in the period from July 1 to August 21.
Original content
This is 31.9% of the total number of shipments against 30.5% according to the results of the previous monitoring. Malaysia ranks second in the rating of European Commission experts, which sent more than 136.57 thousand tons of palm oil to the EU bloc countries (share - 26.8%, which is about 1.5% lower than last week). Closes the top three major suppliers - Guatemala. Its share is 20.7%, and the number of deliveries in kind ...
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