EU 2017/18 soybean imports down 20pc, palm oil imports stable

PARIS: European Union soybean imports in the 2017/18 season that began on July 1 had reached 2.5 million tonnes by Sept. 19, down 20 percent from the 3.15 million tonnes imported by the same stage last season, official data showed on Thursday.

In soymeal, cumulative EU imports so far in 2017/18 totalled 4.2 million tonnes, up 8 percent from 3.9 million a year ago.

Palm oil imports stood at 1.4 million tonnes, in line with the year-earlier volume, the data showed.