Russia has increased purchases of palm oil

Rosstat: import of palm oil to Russia increased by 7.1% in 9 months

Import of palm oil to Russia in 9 months amounted to 803 thousand tons. This is 7.1 percent more than in the same period last year, according to Rosstat data.

However, purchases of goods fell in September: by September last year – by 17.3 percent, and by August 2021 – by 34.6 percent. Moreover, over the past few years, about one million tons of palm oil has been imported per year. It is mainly used in the confectionery industry.

Earlier it was reported that Russia increased imports of palm oil and its fractions by 12 percent in the first half of 2021 compared to the same period last year (up to 529 thousand tons). In June, purchases increased by 75.2 percent compared to last year and by 69.6 percent compared to the previous month.

Meanwhile, Russians began to switch to cheese substitutes due to falling incomes. Cheese products are an inexpensive alternative to cheese (they cost a third cheaper), they can be produced using vegetable fats, such as palm oil.

At the same time, products containing palm oil increase the level of “bad” cholesterol in human blood, said earlier doctor and TV presenter Alexander Myasnikov.

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