Oil world says world rapeseed production fell to a five-year low this year
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Last Update: 2002-08-07
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Source: Internet
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Author: User
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Introduction: recent weather problems in Germany, Canada and China have forced analysts to cut this year's forecast for rapeseed production VII this week, the oil world industry journal sharply lowered its world production forecast to 35.1 million tons, a five-year low The new forecast is down 1.9 million tons from earlier forecasts, down 1.5 million tons from last year's production VII heavy rains in Germany affected production, forcing oil world to cut its forecast by 500000 tons to 4 million tons According to oil world, the drought in Canada may reduce the output to below 4 million tons, the lowest level in nearly 10 years, which is much lower than the five-year average of 7 million tons One businessman said that China's output may fall to 9.5 million tons - 10.5 million tons, compared with 11.3 million tons last year, due to floods VII
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