Palm oil imports increase by 35.9pc

Palm oilISLAMABAD : Palm oil imports into the country witnessed an increase of 35.95 percent during the first half of the current fiscal year as compared to the corresponding period of last year.

Palm oil exports were recorded at $1.260 billion during July-December (2011-12) against $927.203 million during July-December (2010-11), according to Pakistan Bureau of Statistic (PBS) data. In terms of quantity, the palm oil imports witnessed increase of 6.16 percent by increasing from 1,039,292 metric tons of last year to 1,103,360 metric tons during the current fiscal year. – Nation