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China's palm oil imports plunged sharply in April
According to the latest announcement of the online query platform for customs statisticsarcadeparadiseData shows that China's palm oil imports decreased in April 2024 compared with the same period last year.arcadeparadisefor 34arcadeparadise.44%。Specifically, the total import volume of palm oil in April was 148,020arcadeparadise.165 tons, a month-on-month decrease of 9.01%. It is noteworthy that Indonesia, as a major supplier, exported 89,542.138 tons of palm oil to China in April, a year-on-year decrease of 33.32% and a month-on-month decrease of 28.82%. The export volume of Malaysia, the second largest supplier, showed a year-on-year increase, reaching 58,296.543 tons, a month-on-month increase of 58.64%, but still fell by 36.18% compared with the same period last year.
According to customs statistics, China's palm oil imports decreased significantly in April 2024, a month-on-month decrease of 9.01% compared with the previous month and a significant decrease of 34.44% compared with the same period last year. In April, China imported a total of 148,020.165 tons of palm oil.
Among the source countries of palm oil supply, the export data of Indonesia and Malaysia are also worthy of attention. Indonesia's exports in April were 89,542.138 tons. Although they decreased compared with the previous month, they fell 33.32% compared with the same period last year. Malaysia's exports in April were 58,296.543 tons, an increase of 58.64% compared with the previous month, but still a year-on-year decrease of 36.18%.