MARKET DEVELOPMENT
INTERVIEW-Pakistan palm oil imports to jump due to Ramadan
INTERVIEW-Pakistan palm oil imports to jump due to Ramadan
08/05/2008 (Reuters, India), Malaysia - Pakistan's palm oil imports in the July-September period are likely to climb 40 percent from the previous quarter as the country gears up for strong demand during the Muslim holy month of Ramadan.
Pakistan is expected to buy around 350,000 tonnes of palm oil during the period versus an estimated 250,000 tonnes in the April-June quarter, Rasheed Janmohammad, vice chairman of the Pakistan Edible Oil Refiners Association, told Reuters.