Russia in May 2020 increased the import of palm oil and its fractions by 2.3 times in physical terms compared to May last year - up to 113,000 tons, according to Rosstat.
Compared to April 2020, palm oil shipments in May increased 1.65 times. In January-May, the volume of imports amounted to 413,000 tons, which is 0.7% more than in the same period last year. The import of coconut, palm kernel oils, babassu oil and their fractions into the country in five months increased by 37% - up to 44,800 tons. In May, imports of these goods amounted to 11,800 tons, having increased fourfold in annual terms and by 40.8% in monthly terms.
Imports of sunflower, safflower, cottonseed oils and their fractions in January-May fell by 76.2%, to 400 tons. In May, deliveries amounted to 100 tons, which is 56.5% less than in May 2019, but 5.5 times more than in April 2020. According to Rosstat, imports of palm oil to Russia in 2019 increased by only 0.1% compared to the previous year - to 1,061,000 tons. Indonesia and Malaysia are the main countries that supply these products to the Russian Federation.
Source: DairyNews.ru.
