Commodities
Palm imports climbing as quarantine concerns ease
Last Updated:2013-02-21 16:56 | China Daily
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Palm oil imports by China, the biggest cooking oil consumer, are predicted to jump 14 percent in February on optimism stricter quarantine inspections won't hurt trade .

Shipments are likely to rise to as much as 400,000 metric tons from about 350,000 tons in January, the media n of a survey of four researchers and one trader showed. That compares with 384,000 tons in February last year. Increased purchases by China, the largest buyer after India, are expected to extend a 5.5 percent advance in futures this year on the Malaysia Derivatives Exchange, the global benchmark.

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