About this document
2023 China Palm Oil Market Outlook by TRC Sales is a document available to read on EtoBox.
- 2023 China palm oil imports are projected to recover to 4.6 million metric tons as total vegetable oil demand recovers with the economy. - Palm oil prices will be supported if the palm oil-soybean oil spread remains in the historical range. However, increased supplies of competing oils like soybean oil could cause palm oil to lose demand if it is not competitively priced. - Forward palm oil import coverage for early 2023 is currently low but importers have sufficient inventories to wait before extending
- Author
- TRC Sales
- Language
- EN