Russia to decrease palm oil consumption by 13%
According to the analysts of APK-Inform, in 2013/14 MY in Russia palm oil domestic consumption to total nearly 650 thsd tonnes, down 13% compared to the record rate of the previous season (750 thsd tonnes).
Remind, that the record rate of 2012/13 MY was based on increase of production of margarine commodities and special-purpose fats, using palm oil for their production.
Note, that last seasons Russian exports of palm oil was virtually null.
More detailed estimation of domestic consumption, and tendencies of Russian palm oil and other tropical oils markets development is presented in the research of APK-Inform “Market of tropical oils and fats in Ukraine and Russia”.
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