China's Imports of Indonesian Palm Oil Surge
China News
September 19, 2023
China is experiencing a significant surge in its imports of Indonesian palm oil, driven by growing domestic demand. In Taixing City, located in eastern China, imports of Indonesian palm oil have reached $27 million this year, representing a remarkable 260 percent growth. The imported palm oil is utilized in various industries, including the production of cosmetics, shampoo, and conditioner, supporting China's expanding demand for these products.