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