Bangladesh: Oilseeds and Products Annual
Assuming a normal winter and mid-summer season (Jan-May), Bangladesh’s soybean production is expected to rise 1.96 percent to 156 thousand tons in MY 2017/18 (Jul-Jun). Competitive global market prices for soybeans will likely induce imports to increase soybean crush and raise total oil meal production to 1.02 MMT, an increase of 8.5 percent in MY 2017/18. Edible vegetable oil production and consumption are expected to increase to 235 thousand tons and 2.4 million tons, respectively. Imports will increase to reach 2.2 million tons in MY 2017/18.