ANL 32.75 Increased By ▲ 1.28 (4.07%)
ASC 14.38 Increased By ▲ 0.28 (1.99%)
ASL 25.50 Increased By ▲ 1.70 (7.14%)
AVN 95.70 Increased By ▲ 0.95 (1%)
BOP 9.15 Increased By ▲ 0.01 (0.11%)
BYCO 9.98 Increased By ▲ 0.20 (2.04%)
DGKC 135.30 Increased By ▲ 0.50 (0.37%)
EPCL 51.25 Decreased By ▼ -1.00 (-1.91%)
FCCL 24.69 Decreased By ▼ -0.21 (-0.84%)
FFBL 24.50 Decreased By ▼ -0.30 (-1.21%)
FFL 15.42 Increased By ▲ 0.22 (1.45%)
HASCOL 10.72 Decreased By ▼ -0.03 (-0.28%)
HUBC 86.74 Increased By ▲ 1.94 (2.29%)
HUMNL 7.10 Increased By ▲ 0.10 (1.43%)
JSCL 26.59 Increased By ▲ 1.65 (6.62%)
KAPCO 39.20 Increased By ▲ 1.80 (4.81%)
KEL 4.11 Increased By ▲ 0.03 (0.74%)
LOTCHEM 14.72 Increased By ▲ 0.27 (1.87%)
MLCF 46.84 Decreased By ▼ -0.11 (-0.23%)
PAEL 37.10 Decreased By ▼ -0.09 (-0.24%)
PIBTL 11.83 Increased By ▲ 0.15 (1.28%)
POWER 10.50 Increased By ▲ 0.28 (2.74%)
PPL 91.50 Increased By ▲ 0.85 (0.94%)
PRL 25.82 Increased By ▲ 0.52 (2.06%)
PTC 8.90 Increased By ▲ 0.15 (1.71%)
SILK 1.40 Decreased By ▼ -0.01 (-0.71%)
SNGP 41.07 Increased By ▲ 2.57 (6.68%)
TRG 147.70 Increased By ▲ 6.10 (4.31%)
UNITY 30.48 Increased By ▲ 0.73 (2.45%)
WTL 1.54 No Change ▼ 0.00 (0%)
BR100 4,985 Increased By ▲ 72.55 (1.48%)
BR30 25,833 Increased By ▲ 500.7 (1.98%)
KSE100 45,964 Increased By ▲ 370.84 (0.81%)
KSE30 19,236 Increased By ▲ 179.9 (0.94%)
Pakistan

Palm oil valuing $1.111bn, soyabean $48.309mn imported in 6 months

  • Over 1,269,769 metric tons of palm oil costing $1.111 billion imported in order to fulfill the domestic consumption of edible oil and vegetable ghee.
26 Jan 2021

ISLAMABAD: Imports of edible oil including soyabean and palm into the country during first half of current financial year grew by 18.36 percent and 31.98 percent respectively as compared to the imports of corresponding period of last year.

During the period from July-December, 2020-21, over 1,269,769 metric tons of palm oil costing $1.111 billion imported in order to fulfill the domestic consumption of edible oil and vegetable ghee as against the import of 1,516,180 metric tons valuing $882.420 million of same period last year.

Meanwhile, 72,756 metric tons of soyabean oil costing $48.309 million also imported for tackling with the local requirements, which stood at 59,278 metric tons valuing $40.815 million in same period of last year, according to the data of Pakistan Bureau of Statistics.

However, on month on month basis, import of soyabean oil into the country decreased by 100 percent as zero quantity of the above mentioned commodity imported during the month of November, 2020 as compared the imports of 1,725 metric tons worth $0.1138 million of same month lat year.

The import of palm oil into the country during the month under review surged by 42.55 percent as 296,346 metric tons of palm oil valuing $235.845 million imported as compared the imports of 285,679 metric tons $165.442 million of same month of last year.

It may be recalled here that food group imports into the country during fist half of financial year 2020-21 grew by 52.16 percent and reached at $3.905 billion as compared the imports of $2.566 billion of same period last year.

On month on month basis, food group imports grew 85.55 percent in November, 2020 as compared the same month of last year. Food commodities worth $886.128 million imported during the month under review as compared the imports of $477.580 million of same month of last year, the data reveled.