EU 2017/18 soybean imports down 29pc, palm oil down 8pc

PARIS: European Union soybean imports in the 2017/18 season that began on July 1 had reached 1.04 million tonnes by Aug. 1, down 29 percent from 1.45 million tonnes at the same stage last season, official data showed on Thursday.

In soymeal, cumulative EU imports so far in 2017/18 were 1.72 million tonnes, up 3 percent from 1.67 million a year ago.

Palm oil imports stood at 388,000 tonnes, down 8 percent from 420,000 tonnes a year earlier, the data showed.

For a detailed breakdown of EU oilseed imports: