Sunday 05 May 2024
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SINGAPORE (March 26): Soybean oil exports from China climbed in Feb. amid strong Malaysian demand, according to customs data released Monday.

* Total exports were 29,446 tons, the highest in data compiled by Bloomberg since 2004

** Of the total, 18,589 tons went to Malaysia

** NOTE: China’s soybean oil shipments to Malaysia totaled 20 tons in 2017

* NOTE: Wilmar CEO Kuok Khoon Hong says last month that China may export more soyoil partly due to excessive supply

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