2012 edible oil imports seen flat at 2 million tonnes

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2012 edible oil imports seen flat at 2 million tonnes

September 23, 2012

Reuters

2012 edible oil imports seen flat at 2 million tonnes

MUMBAI - Pakistan’s edible oil imports in 2012 are seen steady at last year’s level of 2 million tonnes as the country is likely to import more oilseeds for crushing, a senior industry official told reporters on Saturday.

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The country is expected to import 1.2 million tonnes of oilseeds, mostly canola, in 2012 against imports of 1 million tonnes a year ago, A Rasheed Janmohammad, vice chairman of the Pakistan Edible Oil Refiners’ Association, told journalists on the sidelines of the Globoil Conference.