HAMBURG, Feb 7 (Reuters) - China is likely to import more palm oil in coming months to meet rising demand for edible oil in its growing economy, although soyoil imports will remain at last season's levels, Hamburg-based oilseeds analysts Oil World forecast on Tuesday.
China's October 2011/September 2012 palm oil imports are likely to rise by 0.75 million tonnes on the year to 6.7 million tonnes, it said.
"Imports of soyoil will probably not change much and stay close to last season's low of 1.32 million tonnes due to insufficient world supplies," it said.
Oil World forecasts China's 2011/12 soyoil imports will be only marginally higher on the year at 1.35 million tonnes.
Drought in major soybean producers Argentina and Brazil could cut their export supplies of both soybeans and soyoil this year, it said.
China's rapeseed/canola oil imports rise to 0.87 million tonnes in 2011/2012 from 0.69 million tonnes, it added.
China's October 2011/September 2012 palm oil imports are likely to rise by 0.75 million tonnes on the year to 6.7 million tonnes, it said.
"Imports of soyoil will probably not change much and stay close to last season's low of 1.32 million tonnes due to insufficient world supplies," it said.
Oil World forecasts China's 2011/12 soyoil imports will be only marginally higher on the year at 1.35 million tonnes.
Drought in major soybean producers Argentina and Brazil could cut their export supplies of both soybeans and soyoil this year, it said.
China's rapeseed/canola oil imports rise to 0.87 million tonnes in 2011/2012 from 0.69 million tonnes, it added.
