Pakistan: Oilseed and Products Update 2019

  |   Attaché Report (GAIN)

Pakistan’s purchases of imported soybeans are estimated to reach at 2.0 million metric tons (MMT) during marketing year (MY) 2018/19, 8 percent lower than last year. Reduced import levels reflect SPS and bioengineered regulatory uncertainty followed by the devaluation of Pakistan’s currency compared to USD. Assuming an easing of regulatory and currency concerns, soybean imports during MY 2019/20 are projected at 2.5 MMT. Pakistan imports a steady volume of soybeans to supply the livestock feed industry. Imports of soybean oil and palm oil are up 54 percent and 9 percent, offsetting the supply gap from reduced imports of canola and sunflower seed followed by the lower production of domestic cotton crop.

Pakistan: Oilseed and Products Update 2019

 

 

Related Reports

The biotechnology regulatory system in Ukraine is still not fully developed, but the country is gradually adjusting its domestic policies to align with European Union regulations.
Attaché Report (GAIN)

Tunisia: Agricultural Biotechnology Annual

Tunisia is continuing to postpone non-urgent matters in front of major political and economic reforms. As a result, Tunisia’s biosafety framework, which was drafted in 2014, remains on hold with no timeframe for a review and parliamentary vote.
Attaché Report (GAIN)

Thailand: Rice Price - Weekly

Export prices of white and parboiled rice rose one percent from the previous week as exporters reportedly continued to secure the rice supplies to fulfill contract shipments.