Russia boosts palm oil imports in January 2018

Russia’s import of palm oil and its fraction surged 27.8% year-on-year to 72,700 tonnes in January 2018. Imports of sunflower oil, safflower or cottonseed oil and their fractions grew by 21.2% to 900,000 tonnes in the first month of the year. Import of coconut (copra), palm kernel or babassu oil and their fractions fell 49.5% in the reporting period to 4,000 tonnes