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EU soybean imports fell 4pc in 2016/17, palm oil down 11pc

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By Shoaib Ur Rehman

PARIS: The European Union imported a total 13.9 million tonnes of soybeans in the 2016/17 season that ended on June 30, down 4 percent from 2015/16, official data showed on Thursday.

In soymeal, cumulative EU imports in 2016/17 stood at 18.1 million tonnes, down 11 percent from 20.3 million in 2015/16.

Palm oil imports reached 5.9 million tonnes in 2016/17, down 11 percent from the 6.7 million tonnes imported in the previous season, the data showed.

The data is subject to revision in the coming weeks.

 

Copyright Reuters, 2017
 

 

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