date:Nov 01, 2018
on tonnes from a year earlier in November 2018/January 2019 unless purchases of U.S. soybeans are resumed, Oil World said.
Although Chinas oilmeal imports will be increased, this may not be enough to offset the expected decline in Chinese oilmeal output in turn caused by reduced imports of soybeans, it said. So Chinas domestic oilmeal supplies will become very tight.
We also expect China to become a more active buyer of palm oil, soyoil, sun oil and rapeseed oil in coming weeks to ease the pro