ARTICALS 3 #export

Cooking oil prices in Pakistan’s retail market have hit a 15-month high. The surge comes on the back of rising palm oil import costs, which have pushed domestic prices higher.

The hike in import duties by the world's largest importer of edible oils could lift local vegetable oil and oilseed prices, while potentially dampening demand and reducing overseas purchases of palm oil, soyoil, and sunflower oil.