| Pakistan Market Report May 2016 |
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VIEWS
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| by Faisal Iqbal
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At the end of May 2016, the imports of major oils and fats in bulk exceeded 1.2 million MT which is 30.9% higher when compared to the same period last year. Palm oil and its fractions dominate the edible oil import in Pakistan with a share of 94%. Beside CPO, all major fractions of palm oil registered a significant increase in imports during the first 5 months of the year.
The import of oilseeds in the first 5 months of 2016 have registered an increase of 101% as compared to the same period last year. This growth is primarily attributed to the increase of soybeans from 110,988 MT in 2015 to 472,976 MT in 2016.
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