Pakistan currently reduced imports of palm oil and soybeans in the first quarter

Published 2021년 1월 22일

Tridge summary

In the report by Oil World, the[/INST] Pakistan's imports of palm oil normalized in November-December 2020, but overall, deliveries to the country decreased by 17% per year in the first quarter of 2020/21. The country imported 697 thousand tons of palm oil in October-December 2020, a decrease from 844 thousand tons in the same period last year, due to a decrease in supply from Malaysia. Total imports of palm oil to Pakistan for 2020/21 are projected at 3.18 million tons, lower than in the previous MY. Additionally, supplies of soybean oil to Pakistan also decreased in October-December, but analysts predict that imports may increase in the current season, potentially offsetting the projected decline in palm oil supplies.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to Oil World (Germany) experts, Pakistan normalized imports of palm oil in November-December compared to October in 2020, however, in general, in the first quarter of 2020/21 MY, product deliveries to the country decreased by 17% per year. As specified, in October-December 2020, Pakistan imported 697 thousand tons of palm oil compared to 844 thousand tons in the same period last year, due to a decrease in the supply of the product from Malaysia. In total, in 2020/21 MY, imports of palm oil to Pakistan are projected at 3.18 million tons, which is lower than in the previous MY (3.23 million tons). As for the import of soybean oil into the country, in October-December its supplies also decreased - to 2 thousand tons compared to 13 ...

Source: Oilworld