# China to buy more vegoils and animal feed meals in coming weeks | Agrifish  | POST Online Media

> Oil World says China is likely to buy more vegetable oils and oilmeals on world markets in coming weeks as the US-China trade war cuts its soybean imports. Chinese soybean imports could fall by at least 11 million tonnes in November 2018 to January 2019 unless US purchases resume. China is also expected to buy palm oil, soyoil, sunflower oil and rapeseed oil.

- Date: 2018-10-31 · published 2018-10-31T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/62632-china-to-buy-more-vegoils-and-animal-feed-meals-in-coming-weeks-agrifish-post
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Expected Chinese buying of vegoils and meals supports palm, soy and sunflower oil prices and meal demand, while reduced soybean crush tightens Chinese domestic oilmeal supplies.

## Read by commodity

- SBM: bullish ▲
- SBO: bullish ▲
- SOY: bearish ▼
- PALMOIL: bullish ▲
- SUNMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2019-04-15 | [Palm oil-based biodiesel exports to China and EU surge in first…](https://feedsoft.ai/events/59478-palm-oil-based-biodiesel-exports-to-china-and-eu-surge-in-first.md) | +0.1% | -9.1% |
| PALMOIL | 2017-10-16 | [Palm oil demand strong as top buyers China, India restock inventories \| Commodity - Food & Edible Oils - Business Standard](https://feedsoft.ai/events/68563-palm-oil-demand-strong-as-top-buyers-china-india-restock-inventories-commodity.md) | -0.2% | +3.0% |
| PALMOIL | 2025-04-22 | [Palm Oil demand from China and India expected to rise as prices become competitive, says MPOC](https://feedsoft.ai/events/25223-palm-oil-demand-from-china-and-india-expected-to-rise-as-prices-become.md) | +0.8% | -2.2% |
| PALMOIL | 2022-05-19 | [China ends ban on Canadian canola amid global shortage of cooking oils - Financial Post](https://feedsoft.ai/events/41389-china-ends-ban-on-canadian-canola-amid-global-shortage-of-cooking-oils.md) | +1.4% | -7.4% |
| PALMOIL | 2017-12-17 | [Palm Oil News - CPO Exports to China and Bangladesh Increased](https://feedsoft.ai/events/67571-palm-oil-news-cpo-exports-to-china-and-bangladesh-increased.md) | -0.9% | +3.6% |
| SBO | 2022-03-14 | [Hog herds and poultry are getting even more expensive to feed](https://feedsoft.ai/events/12632-hog-herds-and-poultry-are-getting-even-more-expensive-to-feed.md) | -9.8% | +240.8% |
| SBO | 2021-03-23 | [China Demand Likely to Continue \| Feed & Grain](https://feedsoft.ai/events/8504-china-demand-likely-to-continue-feed-and-grain.md) | -5.7% | +2.8% |
| SBO | 2019-08-20 | [In recent months, Iran significantly increased the imports of vegetable oils and meals](https://feedsoft.ai/events/57688-in-recent-months-iran-significantly-increased-the-imports-of-vegetable-oils-and.md) | -1.2% | +4.1% |

## Sources

- poandpo.com: https://www.poandpo.com/agrifish/china-to-buy-more-vegoils-and-animal-feed-meals-in-coming-weeks-31102018941/

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