EU 2017/18 soybean imports down 15pc, palm oil down 3pc

PARIS: European Union soybean imports in the 2017/18 season that began on July 1 had reached 1.7 million tonnes by Aug. 15, down 15 percent from the 2 million tonnes imported at the same stage last season, official data showed on Thursday.

In soymeal, cumulative EU imports so far in 2017/18 totalled 2.4 million tonnes, up 6 percent from 2.3 million tonnes a year ago.

Palm oil imports stood at 718,000 tonnes, down 3 percent from 737,000 tonnes a year earlier, the data showed.