Strong Start of 2017 Regional Review – Pakistan
10
VIEWS
by Faisal Iqbal
The import of oils and fats in January 2017 registered a volume of 288,344 MT which is 14.8% higher compared to the same period last year. Edible oil manufacturers in Pakistan have imported high volumes of palm oil in the past two months to cover their position and build up stock at local ports. Consistent high prices and a bullish trend have also encouraged importers and traders to stay active in the market and bookings for the month of February are also looking good. It is anticipated that the import volume of February would exceed 250,000 MT.
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