date:Feb 14, 2016
arvest is seen declining 11 percent to 12.6 million tons in 2015-16 from a year earlier, according to the Central Organisation for Oil Industry Trade. The country buys palm oil from Indonesia and Malaysia and soybean oil from the U.S., Brazil and Argentina.
Soybean oil imports probably surged 89 percent to 425,000 tons in January from a year earlier, while sunflower oil purchases dropped 25 percent to 117,000 tons, according to the survey. Canola oil purchases were 25,000 tons, the survey show