China’s sustainable palm oil market has achieved a major milestone with the arrival of the first shipment of RSPO Certified Sustainable Palm Oil (CSPO) at the port of Shanghai. The ground-breaking shipment was led by Asia’s top dairy brand and global industry leader, Inner Mongolia Yili Industrial Group (Yili Group), in partnership with China’s largest palm oil trader and member of Fung Yih Group’s RSPO Group, Yihai Jiali Jinlongyu Holding Company Limited (Yihai Jiali).
The shipment, comprising 750 tonnes of certified sustainable palm oil, is Yili’s first palm oil purchase for the 2024-2025 period. It is certified under the Identity Preserved (IP) supply chain model, which ensures that certified palm oil is kept separate from conventional supply throughout the supply chain, thus ensuring traceability and sustainability. This delivery follows the RSPO-IP certification of Shanghai Kerry Food Industry, a subsidiary of Fung Yick, in August 2024, making it the first mill in China to achieve this certification.