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EU 2016/17 soybean imports down 4pc, palm oil down 19pc

PARIS: European Union soybean imports in the 2016/17 season had reached 8.

Published March 9, 2017 Updated March 9, 2017 03:56pm

1 min

By Shoaib Ur Rehman

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PARIS: European Union soybean imports in the 2016/17 season had reached 8.9 million tonnes by March 7, down 4 percent from 9.2 million at the same point last season, official data showed on Thursday.

In soymeal, cumulative EU imports so far in the July-June 2016/17 season were 12.0 million tonnes, down 17 percent from 14.5 million a year ago.

Palm oil imports stood at 3.85 million tonnes, down 19 percent from 4.75 million a year earlier, the data showed.

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