Cofeed: China Palm Oil Supply and Demand Estimates (Aug, 2020)

2020-08-11 www.cofeed.com

China Palm Oil Supply and Demand Estimates (Oct-Sept)
Item	2014/15	2015/16	2016/17	2017/18	2018/19	2019/20		2020/21
(0,000 tonnes)	Est.	Est.	Est.	Est.	Est.	Jul Proj.	Aug Proj.	Jul Proj.	Aug Proj.
Beginning Stocks	73	82	40	48	58	70	70	58	55
Imports	569	470	488	532	672	636	667	655	655
Total Supply	642	552	528	580	730	706	737	713	710

Domestic Use	560	512	480	522	660	648	682	650	650
: Food Consumption	360	320	324	347	480	463	497	465	465
: Other Consumption	200	192	156	175	180	185	185	185	185
Exports	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1
Total Use	560	512	480	522	660	648	682	650	650

Ending Stocks	82	40	48	58	70	58	55	63	60

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