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BEIJING, July 5 (Xinhua) China secured a bumper summer harvest of oil crops this year, with an uptick both in rapeseed output and procurement prices, the Nat ....
China secured a bumper summer harvest of oil crops this year, with an uptick both in rapeseed output and procurement prices, the National Food and Strategic Reserves Administration said Tuesday. By June 30, the country had purchased 660,000 tonnes of rapeseed, an increase of 320,000 tonnes year on y .. ....
Plunging demand for soy oil in China is expected to cut consumption of the oilseed in the world’s biggest user as lockdowns to prevent the spread of COVID have shuttered restaurants and canteens, according to traders and analysts. China is the world’s top consumer of edible oils, with millions of restaurants guzzling about half of the country’s roughly 17 million tons of soy oil, made from crushing soybeans. ....
Plunging demand for soyoil in China is expected to cut consumption of the oilseed in the world’s biggest user as lockdowns to prevent the spread of COVID have shuttered restaurants and canteens, according to traders and analysts. China is the world’s top consumer of edible oils, with millions of restaurants guzzling about half of the . ....