Palm oil to benefit from China's reduced soybean meal use — MielkeThe drastic reduction in soybean crushing activities and imports by China could be a big game changer for the global oils and fats market, said leading vegetable oils analyst Thomas Mielke.
Mielke, the editor of Oil World, said Beijing has cut the crushing activities and imports by seven million tonnes so far, following government directives to reduce consumption of soybean meal per animal unit.