Browse Data and Analysis

Indonesia is experiencing an El Nino event characterized by atypical dryness throughout much of its palm oil production regions.

On September 4, 2015, China notified the WTO of the National Food Safety Standard on Edible Vegetable Oil, issued by the National Health and Family Planning Commission (NHFPC), as SPS/N/CHN/997.

A replanting program will allocate $22.7 million to replant 83,000 ha of old palm oil estates for a three month period starting October 1 to December 31, 2015.

In addition to China’s growing demand for oilseed products, the low price of soybeans is expected to push China’s soybean imports to exceed 76 million tons in MY14/15, up from the 70.4 million tons...

With full implementation of a 7 percent blend in 2015, biodiesel production is forecast to reach 537 million liters, up from 359 million liters in 2014.

The low price of soybeans is expected to push China’s soybean imports to a record 76 million tons in MY14/15, up from the 70.4 million tons in the previous year.

Vietnamese Government (GVN) released Decision 8287/QD-BCT regarding the announcement of the midterm review of the application of official safeguard duties on refined soy and palm oil imports.

Driven by growing demand for animal products, China’s soybean imports are estimated to hit a record 74 million tons in MY14/15, and continue to surge to a forecast 77.5 million tons in MY15/16.

Palm oil production continues to expand as young plantations mature.

Post’s June forecast for MY15/16 total domestic oilseed production is 3.26 million tons lower than the estimated 57 million tons in MY14/15.

As a result of dry weather conditions, crude palm oil (CPO) production for 2015 is estimated to decline by 10 percent to 1.8 million metric tons (MMT) from 2.0 MMT in 2014.

A levy on palm oil exports will be created as the result of Indonesian regulations 24/2015 and 61/2015. The levy will be used primarily to fund biodiesel subsidies.