Soybeans imports expected to rise to 14 million tons

Soybeans imports expected to rise to 14 million tons

Pakistan Business News

ISLAMABAD: Pakistan’s soybean imports in 2016 is expected to rise to 1.4 million tons, from 579,000 tonnes
last year, an industry official said on Thursday (Pakistan business news).

“Pakistan has been aggressively buying soybeans and canola seeds. So far this year, we have imported 1.61
million tonnes of oilseeds,” Abdul Rasheed JanMohammed, vice president of Pakistan Edible Oil Refiners Association,
told the Globoil India industry conference in the beach state of Goa.

Due to higher shipments of oilseeds, import requirement for edible oils is going down, he said.

Written by 

Related posts

Leave a Comment

error: Content is protected !!