Palm Oil Production in Key Countries (Mn T)
Palm Oil Production in Key Countries (Mn T)
Palm oil outlook in 2016 (in mil tonnes): – Indonesia 33 vs 33.4 in 2015 and 31.4 in 2014 – Malaysia 19.7 vs 19.96 in 2015 and 19.67 in 2014
World Production (Mn T), Yields (T/ha) and Mature Area (Mn ha)
4 Major Oils – World Exports (Mn T)
17 Oils & Fats – Exports of Major Countries (Mn T)
India Imports of 6 Oils (1000 T)
World palm oil exports increased steeply to 47.8 mil tonnes in 2015 (up 3.2 mil tonnes) – of which, to India 9.5 mil tonnes (up 1.5 mil tonnes)
India’s rising dependence on vegetable oil imports
10 Oilseeds – World Production (Mn T)
Production of soybean has increased much faster than that of other oilseeds. Most of which in South America and USA. Other oilseeds output down a combined 12.2 mil tonnes in two years to 15/16.
Soybean World Stocks as of end August (Mn T)
World soybean stocks are likely to rise to a new record of 90 mil tonnes at the end of this season (up 3). Soybean has probably not seen its price lows yet.
Soybean: World Production and Consumption (Mn T)
Imports of Soybean (Mn T)
China Domestic Use of Oils & Fats
17 Oils & Fats World Production (Mn T)
Soybean oil output rises from 44.5 mil tonnes in 13/14 to 51.3 mil tonnes in 2015/16 (up 6.8 mil tonnes or +15%). Soybean oil share recovers to 24.8% in 15/16 from 22.2% in 13/14. World palm oil output 61.8 mil tonnes in 15/16 against 59.9 mil tonnes, +1.9 mil tonnes / +3%.
