India increases palm oil export to China in 2002
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Last Update: 2002-04-10
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Source: Internet
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Author: User
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Introduction: Dow Jones Jakarta, April 8: Indonesia plans to increase its palm oil exports to China from 430000 tons last year to 750000 tons this year, a senior agricultural ministry official said Monday Although Malaysia is now the largest supplier of crude palm oil to China, the Indonesian government still hopes to increase its share of the crude palm oil market in China Indonesia plans to offer preferential prices to Chinese importers in order to increase the number of exports to China In addition, Indonesia is negotiating with the Chinese government to allow crude palm oil exporters to build storage tanks in Tianjin or Guangzhou free trade zone In addition, Indonesia will send a delegation to visit China in mid April, when it will discuss this issue with China China's tariff rate quota for palm oil this year is 2.4 million tons China imports about 11 million tons of edible oil every year, including 9 million tons of soybean oil and corn oil, and the rest is crude palm oil.
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