BR100 Decreased By (-0.45%)
BR30 Increased By (0.72%)
KSE100 Decreased By (-0.14%)
KSE30 Decreased By (-0.62%)
AGHA 7.75 Increased By ▲ 0.01 (0.13%)
BECO 5.23 Decreased By ▼ -0.06 (-1.13%)
BML 60.49 Increased By ▲ 0.48 (0.8%)
BOP 35.17 Decreased By ▼ -1.29 (-3.54%)
CNERGY 12.97 Increased By ▲ 1.03 (8.63%)
CSIL 6.12 Decreased By ▼ -0.05 (-0.81%)
FCCL 57.91 Increased By ▲ 0.55 (0.96%)
FFL 16.47 Decreased By ▼ -0.11 (-0.66%)
FNEL 1.20 No Change ▼ 0.00 (0%)
KEL 7.40 Increased By ▲ 0.08 (1.09%)
KOSM 6.06 Increased By ▲ 0.01 (0.17%)
LOTCHEM 27.35 Increased By ▲ 0.21 (0.77%)
MLCF 103.10 Increased By ▲ 1.03 (1.01%)
NBP 205.99 Decreased By ▼ -0.36 (-0.17%)
NCPL 61.60 Decreased By ▼ -1.02 (-1.63%)
NPL 70.81 Decreased By ▼ -1.17 (-1.63%)
OGDC 322.61 Increased By ▲ 3.42 (1.07%)
PACE 11.59 Increased By ▲ 0.21 (1.85%)
PAEL 43.50 Decreased By ▼ -0.38 (-0.87%)
PIBTL 16.73 Decreased By ▼ -0.11 (-0.65%)
PPL 226.60 Increased By ▲ 5.05 (2.28%)
PRL 67.98 Increased By ▲ 4.23 (6.64%)
PTC 72.21 Decreased By ▼ -0.20 (-0.28%)
SSGC 27.18 Decreased By ▼ -0.10 (-0.37%)
TBL 9.92 Increased By ▲ 0.06 (0.61%)
TELE 8.72 Increased By ▲ 0.10 (1.16%)
TPL 21.72 Increased By ▲ 1.04 (5.03%)
TPLP 15.47 Increased By ▲ 0.49 (3.27%)
TREET 24.20 Increased By ▲ 0.10 (0.41%)
TRG 61.49 Decreased By ▼ -1.80 (-2.84%)

KARACHI: The Chairman of the Pakistan Vanaspati Manufacturers Association (PVMA), Sheikh Umer Rehan, announced that the edible oil clearance issue at the ports has been successfully resolved, eliminating concerns over a potential shortage.

He credited Chief Collector Customs Jameel Nasir, Collector Port Qasim, Nair Shafiq and other senior officials for their personal efforts in addressing the matter.

Speaking to PVMA members, Rehan reassured that the supply of ghee and cooking oil would remain uninterrupted throughout the holy month of Ramazan.

300,000 tons of palm oil stuck at PQ: Cooking oil, ghee shortage likely: FPCCI

He said all speculations regarding an impending shortage have now been laid to rest, and fears of price hikes due to supply constraints have also been eliminated.

He added that customs authorities have efficiently handled the clearance issues at the port, ensuring the availability of edible oil and ghee in ample quantities.

However, he urged the Ministry of Maritime Affairs and the Port Qasim Authority to address the pending issue of demurrage charges, as the lack of storage space at the port continues to burden importers with heavy penalties.

Rehan emphasized that these demurrage fees are causing financial strain on PVMA members and called upon port authorities to waive the charges on edible oil shipments. He reaffirmed that with the clearance process now streamlined, there is no risk of a shortage in the coming days, ensuring a stable supply of edible oil and ghee across the country.

Copyright Business Recorder, 2025

Comments

Comments are closed for this article.