# China’s Palm Oil Import – Q1 Performance And Q2 Outlook – MPOC

> China's palm oil imports fell 24.7% in January-February 2020 to 882,200 MT from 1,171,500 MT a year earlier, according to Chinese customs data. The MPOC analysis attributes the decline to weaker demand in that market and outlines the outlook for the second quarter.

- Date: 2020-04-22 · published 2020-04-22T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/53746-china-s-palm-oil-import-q1-performance-and-q2-outlook-mpoc
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

China is one of the largest palm oil importers, so a sharp drop in its purchases reduces global demand and pressures palm oil prices.

## Read by commodity

- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2017-04-12 | [China edible oil price slump to hit palm oil imports \| Borneo Post Online](https://feedsoft.ai/events/71601-china-edible-oil-price-slump-to-hit-palm-oil-imports-borneo-post-online.md) | -2.5% | +1.6% |
| PALMOIL | 2020-02-03 | [Palm oil set for more losses on China virus, Indian import curbs - The HinduBusinessLine](https://feedsoft.ai/events/4953-palm-oil-set-for-more-losses-on-china-virus-indian-import-curbs-the.md) | -5.6% | -23.1% |
| PALMOIL | 2017-05-24 | [Chinese demand for palm oil set to drop \| The Star](https://feedsoft.ai/events/71094-chinese-demand-for-palm-oil-set-to-drop-the-star.md) | -0.7% | -4.8% |
| PALMOIL | 2025-01-10 | [EU palm oil imports continue to decline](https://feedsoft.ai/events/26537-eu-palm-oil-imports-continue-to-decline.md) | +0.7% | +5.3% |
| PALMOIL | 2024-07-30 | [Strategic marketing of Malaysian palm oil to China in a soft market](https://feedsoft.ai/events/15632-strategic-marketing-of-malaysian-palm-oil-to-china-in-a-soft-market.md) | +0.8% | +1.6% |

## Sources

- mpoc.org.my: https://www.mpoc.org.my/chinas-palm-oil-import-q1-performance-and-q2-outlook/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.