RnRMR: China Edible Vegetable Oil Industry

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As one of the world's most important importers of oilseeds and vegetable oil, China imported 9.6 million tons of vegetable oil and 62.28 million tons of oilseeds in 2012, both setting a record high. As the main imported oilseed, soybean accounted for 93.7% of the total imports of oilseeds; as the major imported edible oil, palm oil occupied 66.1% of the total imports of vegetable oil. At the same time, rapeseed oil and olive oil imports also showed fast growth, respectively up 210% and 25.9% YoY.

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