date:Mar 05, 2019
es in Malaysia due to higher mandates in both countries.
Mielke estimated that, worldwide, 18.3 million tones of palm oil will be used for biodiesel production in 2019.
China was expected to raise its total palm oil imports to 5.8 million tonnes for 2018/19, as it broadens sources of oils and fats to manage the impact of its ongoing trade war with the United States, he said.
Mielke said he expected China to sharply reduce soybean crushings and imports.
This is a big game changer for the glo