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- (-) Oilseeds (excl. soybean)
- (-) November 2019
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Indonesia’s launch of B30 in January 2020 is expected to increase 2019/20 industrial consumption of palm oil to 9.2 million tons, raising total domestic consumption to a record 15.61 million tons.
With a young and growing middle-class and rising incomes, food and beverage processing in Vietnam has shown strong growth in the past five years.
Palm oil production declines are expected to arrive starting in December 2015 and extend throughout the next six to nine months.
2015/2016 soybean production is revised up to 58.5 million tons on good crop conditions resulting in higher yields.