CASDE: China’s agriculture outlook committee lowers 2024/25 palm oil import estimates on higher prices

China’s Agriculture Outlook Committee (CAOC) has lowered its 2024/25 estimates for the country’s edible vegetable oil imports by 700,000 tonnes to 7.73 million tonnes from the previous month’s 8.43 million tonnes in its December update of the Chinese Agricultural Supply and Demand Estimates (CASDE) released on Tuesday December 10.