EU oil meal demand will rise 1 million tons in 2001 / 02
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Last Update: 2001-12-29
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Source: Internet
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Author: User
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Introduction: oil world news: after two consecutive years of decline, the total demand for oil meal in the EU this year will resume substantial growth The main reason is that the EU banned the use of meat and bone meal feed in January 2001, but this can only have a limited impact on the demand of this year, because the ban has been in effect for most of the year 00 / 01 The main reason is the increase of EU meat production, mainly poultry and pork The breeding industry needs higher protein content feed, so the demand for soybean meal based oil meal is increased The increase of soybean meal demand is also reflected in the increase of soybean and soybean meal imports In recent months, the European Union's soybean crushing volume has exceeded the level of a year ago due to the increase of crushing profits and the decrease of rapeseed and sunflower seed crushing Soybean meal exports from the United States, Pakistan, Afghanistan and India to the European Union also increased by 1.2 million tons (as of September 2001), and further increased by 1 million tons in September / November 2001.
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