Report Highlights:

Pakistan's MY 2016/17 vegetable oil imports are forecast to be a record 3.3 million metric tons, up 9.6 percent from a year ago. Palm oil continues to be the major imported oil accounting for 95 percent of imports. Soybean oil imports are expected to increase to 300,000 MT in MY 2016/17. Given a duty structure that favors soybean imports over soybean meal and the poultry industry's rising inclusion of soybean meal in its feed rations, MY 2016/17 soybean imports are projected at a record 2.0 million metric tons. Cottonseed continues to be Pakistan's largest domestically produced oilseed and is expected to reach 3.9 million metric tons in 2016/17. In general, all signs point to continued growth in demand for products with the oilseed complex. Growing and modernizing poultry, dairy, and possibly beef sectors suggest that demand for oilseed meals will grow and rising Gross Domestic Product bodes well for slow but steady growth in the consumption of vegetable oils.

OILSEED

Production:

Marketing year (MY) 2016/17 (Oct-Sep) oilseed production is forecast at 4.3 million metric tons (MMT) up 27 percent from the current marketing year due to projected increase especially in cottonseed production. Current year's cottonseed production is estimated at3.0 MMT, down 34 percent from the last year's production and the lowest level since 1998. While Pakistan is a significant importer of products within the oilseed complex, production of all oilseeds except cottonseed is minimal. Winter or “Rabi" oilseeds like rapeseed and sunflower suffer from competition from wheat. Wheat farmers enjoy a guaranteed support price for the portion of their crop that is marketed to the public sector and for those who consume their wheat on-farm or in the village (about half of the wheat crop) wheat is seen as a staple and life-sustaining crop. Sunflower can also be produced during the Kharif or summer season but corn, rice, and sugarcane are generally deemed more remunerative. Declining global oilseed prices are expected to prompt farmers to reduce area even further in 2016/17 as farmers opt for the price-supported wheat that is now priced significantly higher than the international wheat market, a price differential that is expected to hold based on current futures prices. While there have been attempts at producing soybeans, the crop has failed to catch on due to the harsh summer conditions and a lack of planting seeds, despite a growing poultry and dairy sectors.

Cottonseed:

Cottonseed is the principal oilseed crop grown in Pakistan, accounting for 91 percent of domestic oilseed production. Cotton is a key cash crop and an important input for Pakistan's textile sector, a major contributor to the country's gross domestic product. MY 2015/16, cottonseed production is estimated (based on the official cotton production estimate) at 3.0 million tons, the lowest level since 1998. MY 2016/17 cottonseed production is forecast at 3.9 million tons, 29 percent higher over the current year's estimate. The province of Punjab accounts for about 75 percent of cotton production, while the province of Sindh contributes the balance of the crop.

Rapeseed:

Rapeseed is a winter or “Rabi" crop that is grown in Punjab and Sindh. MY 2016/17 area and production are forecast lower given the expectation that farmers will opt to plant wheat instead of rapeseed.

Sunflower seed

According to official figures, for the last couple of years, sunflower area and production is almost stagnant. MY 2016/17 area and production is not expected to change due to competition from wheat crop.

Consumption:

Oilseed consumption continues to play an important role within the overall oilseed complex. However, annual consumption levels will vary depending on changing import policies and competing prices for imported oil and meal. In general the trend in terms of demand for oilseed complex products is up as the poultry sector grows, segments of the dairy industry modernize, and investors consider modern beef production. Additionally, traditional Pakistani cooking uses large amounts of oil and consumption tends to increase as incomes improve, especially as consumers move into the middle class, a trend that continues as part of slow but steady growth in gross domestic product. Oilseed crush for MY 2016/17 is forecast at 6.45 MMT, up 29 percent from the last year's level mainly due to a record import of soybeans. Revisions to the 2014/15 and 2015/16 marketing years reflect the most recent data from the Solvent Extractors' Association. In general, the industry is in the process of upgrading its crushing capacity to improve both efficiency and quality.

Duty Structure on Edible Oil, SBM and Oilseeds

(Figures in Pak. Rupees)

Product

Import Duty

(Malaysia)

Import Duty

(Indonesia)

Import Duty

Central Excise Duty

Advance Income Tax

Federal Excise Duty

General Sales Tax

Palm Olein

7,743

7,743

-

16%

5.5%

1,000

-

RBDPO

9,230

9,230

-

16%

5.5%

1,000

-

CPO

6,850

6,850

-

16%

5.5%

1,000

-

CDSBO

-

-

9,100

16%

5.5%

1,000

-

Soybeans

-

-

3%

-

5.5%

400/MT

6%

SBM

-

-

10%

-

5.5%

-

10%

All Oilseeds

-

-

3%

-

5.5%

400/MT

16%

RBDPO: Refined Bleached Deodorized Palm Oil

CPO: Crude Palm Oil

CDSBO: Crude Deodorized Soybean Oil

SBM: Soybean Meal

Trade:

Pakistan augments its domestic oilseed production with imports. Pakistan's tariff structure is designed to facilitate oilseed imports through reduced tariffs and fees as a means of shifting value addition to the domestic industry. Tariffs on rapeseed, canola, and sunflower seed have been lower than vegetable oil tariffs since 2005. In July of 2015, the tariff on soybeans was dropped to three percent while the tariff on soybean meal, which was increased in July of 2014, was left at 11 percent, making soybean imports potentially more attractive compared to meal imports. Oilseed imports are driven by demand for both oil and meal along with crushing margins. Landed prices plus tariffs play a significant role in determining the import mix between seeds, oil, and meal.

According to data provided by the All Pakistan Solvent Extractors' Association (APSEA) oilseed imports during 2014/15 were 1.5 MMT and 2015/16 imports are on pace to reach 1.95 MMT which may be a record based on a cursory review of historical data. Pakistan imported 538,000 MT of soybeans during MY 2014/15, of which 315,000 MT was imported from the United States. Importers are gradually shifting away from Indian soymeal to take advantage of competitively-priced soybeans from other countries. Rapeseed and canola used to be the dominant oilseed imports; however, imports are expected to drop to 650,000 MT in 2015/16 as imports of soybeans are expected to jump to 1.3 MMT given the current tariff structure. Soybean imports during MY 2016/17 are projected to reach to a record 2.0 MMT. Total oilseed imports for 2016/17 are forecast at 2.5 MMT.

Policy:

In an attempt to address food security concerns, Pakistan's agricultural policy is largely focused on the enhancement of wheat production; principally through a support price mechanism at which the government purchases that guarantees a minimum wheat price. The government procures about half of the wheat crop that is marketed off-farm, which is generally sufficient to create a price floor in the market for wheat. As most oilseeds are Rabi or winter crops, farmers tend to opt for wheat over oilseeds. For sunflower and soybeans, two crops that could be produced during the Kharif or summer season, farmers tend to view cotton, rice, and sugarcane as more remunerative options.

In an effort to curb expenditures on imports, and enhance local oilseed production, the Pakistan Oilseed Development Board (PODB) was established in 1995. PODB's efforts have not resulted in farmers opting to plant oilseeds on a large scale. With no support price mechanism to compete with wheat, and a lack of funding to improve research, seed quality and technology are key constraints that deter farmers. Additionally, the domestic crushing industry is content to process imported seeds, provided tariffs are favorable, in lieu of taking steps to incentivize farmers to produce oilseeds.

Pakistan does not currently restrict imports of biotech oilseeds or products derived from biotech oilseeds. Nearly all of Pakistan's cottonseed oil and meal are derived from biotech cotton and products such as soybeans and canola and their products are regularly imported from countries where biotech versions of these crops are widely grown.

2014

2015

2016

Total Oilseeds Pakistan

2014/2015

2015/2016

2016/2017

Market Year Begin: Oct 2013

Market Year Begin: Oct 2014

Market Year Begin: Oct 2015

USDA Official

New Post

USDA Official

New Post

USDA Official

New Post

Area Harvested

3,362

3,324

3,152

3,152

0

3,092

Beginning Stocks

266

266

339

206

0

150

Production

5,022

4,992

3,352

3,402

0

4,322

MY Imports

1,631

1,489

1,990

1,950

0

2,500

MY Imp. from U.S.

0

0

0

0

0

0

MY Imp. from EU

0

0

0

0

0

0

Total Supply

6,919

6,747

5,681

5,558

0

6972

MY Exports

0

0

0

0

0

0

MY Exp. to EU

0

0

0

0

0

0

Crush

5,960

4,929

5,110

5,000

0

6,450

Food Use Dom. Cons.

0

0

0

0

0

0

Feed Waste Dom. Cons.

620

612

472

408

0

362

Total Dom. Cons.

6,580

6,561

5,582

5,408

0

6,812

Ending Stocks

339

206

99

150

0

160

Total Distribution

6,919

6,747

5,681

5,558

0

6,972

Oilseed, Cottonseed

2014/2015

2015/2016

2016/2017

Market Begin Year

Oct 2014

Oct 2015

Oct 2016

Pakistan

USDA Official

New Post

USDA Official

New Post

USDA Official

New Post

Area Planted (Cotton)

2950

2950

3000

2950

0

0

Area Harvested (Cotton)

2950

2950

2800

2800

0

2700

Seed to Lint Ratio

0

0

0

0

0

0

Beginning Stocks

166

166

216

100

0

100

Production

4600

4600

3000

3050

0

3920

MY Imports

0

0

0

0

0

0

MY Imp. from U.S.

0

0

0

0

0

0

MY Imp. from EU

0

0

0

0

0

0

Total Supply

4766

4766

3216

3150

0

4020

MY Exports

0

0

0

0

0

0

MY Exp. to EU

0

0

0

0

0

0

Crush

4000

4150

2800

2710

0

3600

Food Use Dom. Cons.

0

0

0

0

0

0

Feed Waste Dom. Cons.

550

516

400

340

0

320

Total Dom. Cons.

4550

4666

3200

3050

0

3920

Ending Stocks

216

100

16

100

0

100

Total Distribution

4766

4766

3216

3150

0

4020

(1000 HA) ,(RATIO) ,(1000 MT)

Oilseed, Rapeseed

2014/2015

2015/2016

2016/2017

Market Begin Year

Oct 2014

Oct 2015

Oct 2016

Pakistan

USDA Official

New Post

USDA Official

New Post

USDA Official

New Post

Area Planted

360

250

360

200

0

250

Area Harvested

250

250

200

200

0

250

Beginning Stocks

89

89

74

60

0

30

Production

220

220

160

160

0

220

MY Imports

915

760

600

500

0

400

MY Imp. from U.S.

0

0

0

0

0

0

MY Imp. from EU

0

0

0

0

0

0

Total Supply

1224

1069

834

720

0

650

MY Exports

0

0

0

0

0

0

MY Exp. to EU

0

0

0

0

0

0

Crush

1100

959

750

650

0

580

Food Use Dom. Cons.

0

0

0

0

0

0

Feed Waste Dom. Cons.

50

50

50

40

0

30

Total Dom. Cons.

1150

1009

800

690

0

610

Ending Stocks

74

60

34

30

0

40

Total Distribution

1224

1069

834

720

0

650

(1000 HA) ,(1000 MT)

Oilseed, Sunflowerseed

2014/2015

2015/2016

2016/2017

Market Begin Year

Oct 2014

Oct 2015

Oct 2016

Pakistan

USDA Official

New Post

USDA Official

New Post

USDA Official

New Post

Area Planted

0

0

0

0

0

0

Area Harvested

160

142

150

150

0

140

Beginning Stocks

11

11

11

10

0

10

Production

200

170

190

190

0

180

MY Imports

178

189

140

150

0

100

MY Imp. from U.S.

0

0

0

0

0

0

MY Imp. from EU

0

0

0

0

0

0

Total Supply

389

370

341

350

0

290

MY Exports

0

0

0

0

0

0

MY Exp. to EU

0

0

0

0

0

0

Crush

360

350

310

330

0

270

Food Use Dom. Cons.

0

0

0

0

0

0

Feed Waste Dom. Cons.

18

10

20

10

0

10

Total Dom. Cons.

378

360

330

340

0

280

Ending Stocks

11

10

11

10

0

10

Total Distribution

389

370

341

350

0

290

Oilseed, Soybean

2014/2015

2015/2016

2016/2017

Market Begin Year

Oct 2014

Oct 2015

Oct 2016

Pakistan

USDA Official

New Post

USDA Official

New Post

USDA Official

New Post

Area Planted

2

2

2

2

0

2

Area Harvested

2

2

2

2

0

2

Beginning Stocks

0

0

38

20

0

30

Production

2

2

2

2

0

2

MY Imports

538

540

1250

1300

0

2000

MY Imp. from U.S.

0

0

0

0

0

0

MY Imp. from EU

0

0

0

0

0

0

Total Supply

540

542

1290

1322

0

2032

MY Exports

0

0

0

0

0

0

MY Exp. to EU

0

0

0

0

0

0

Crush

500

520

1250

1290

0

2000

Food Use Dom. Cons.

0

0

0

0

0

0

Feed Waste Dom. Cons.

2

2

2

2

0

0

Total Dom. Cons.

502

522

1252

1292

0

2000

Ending Stocks

38

20

38

30

0

32

Total Distribution

540

542

1290

1322

0

2032

MEAL

Production:

MY 2016/17 oilseed meal production is forecast at 3.7 MMT, up 32 percent from MY 2015/16 mainly due to the anticipated increase in soybean imports. The share of local oilseed meal has decreased considerably due to shrinking area and production of oilseed crops. The supply of soybean meal is forecast to surpass cottonseed meal based on the favorable duty structure and rising demand for soybean meal from the poultry industry. Larger carry-in stocks will help to augment the lower production. Cottonseed meal is by far the dominant local meal, accounting for about 90 percent of total production. Changes in 2014/15 production estimates reflect final estimates from the Pakistan Solvent Extractors' Association.

Consumption:

MY 2016/17 oilseed meal requirements are forecast to increase to 4.1 MMT, about 380,000 MT above the revised 2015/16 estimate. Demand for oilseed meals is expected to grow due to the anticipated expansion of the poultry, livestock, and aquaculture sectors. Pakistan's poultry meat production is expected to grow by more than 10 percent annually and poultry producers are rapidly increasing their meal inclusion rates in poultry feeds; some are approaching the international standard of 35 percent. The layer industry is also expanding rapidly as it is able to provide a relatively cheap protein source. Several poultry feed manufacturers have started producing dairy feed to meet the needs of Pakistan's more progressive dairy farmers. The revised estimate for 2014/15 reflects final data from the Pakistan Solvent Extractor's Association.

Trade:

Pakistan's meal imports are comprised of soybean meal from Argentina, India and the United States of America. During MY 2014/15 Pakistan imported over a million tons of soybean meal, 73 percent of which was sourced from Argentina followed by India (22 percent) and the United States. Current year imports are expected to reach 700,000 MT and the forecast for MY 2016/17 is projected at 600,000MT. India has been the dominant supplier in the past, but importers have broadened their sourcing to other suppliers. Pricing has been a significant factor in the shift to other sources. While meal demand is growing, the increase in the soymeal tariff and the lower tariff on soybeans is limiting the growth in meal imports.

2014

2015

2016

Total Oil Meal Pakistan

2014/2015

2015/2016

2016/2017

Market Year Begin: Oct 2014

Market Year Begin: Oct 2015

Market Year Begin: Oct 2016

USDA Official

New Post

USDA Official

New Post

USDA Official

New Post

Crush

6,140

5,949

5,110

4,990

0

6,450

Beginning Stocks

160

160

240

370

0

104

Production

3,044

2,985

2,852

2,781

0

3,672

MY Imports

1,040

1,070

1,153

730

0

600

MY Imp. from U.S.

0

0

0

0

0

0

MY Imp. from EU

0

0

0

0

0

0

Total Supply

4,244

4,215

4,245

3,881

0

4,376

MY Exports

9

20

10

10

0

10

MY Exp. to EU

0

0

0

0

0

0

Industrial Dom. Cons.

0

0

0

0

0

0

Food Use Dom. Cons.

0

0

0

0

0

0

Feed Waste Dom. Cons.

3,995

3,825

4,133

3,767

0

4,146

Total Dom. Cons.

3,995

3,825

4,133

3,767

0

4,146

Ending Stocks

240

370

102

104

0

220

Total Distribution

4,244

4,215

4,245

3,881

0

4,376

Meal, Cottonseed

2014/2015

2015/2016

2016/2017

Market Begin Year

Oct 2014

Oct 2015

Oct 2016

Pakistan

USDA Official

New Post

USDA Official

New Post

USDA Official

New Post

Crush

4000

4100

2800

2710

0

3600

Extr. Rate, 999.9999

0.465

0.4537

0.465

0.4613

0

0.4611

Beginning Stocks

110

110

120

120

0

52

Production

1860

1860

1302

1250

0

1660

MY Imports

0

0

0

0

0

0

MY Imp. from U.S.

0

0

0

0

0

0

MY Imp. from EU

0

0

0

0

0

0

Total Supply

1970

1970

1422

1370

0

1712

MY Exports

0

0

0

0

0

0

MY Exp. to EU

0

0

0

0

0

0

Industrial Dom. Cons.

0

0

0

0

0

0

Food Use Dom. Cons.

0

0

0

0

0

0

Feed Waste Dom. Cons.

1850

1850

1370

1318

0

1660

Total Dom. Cons.

1850

1850

1370

1318

0

1660

Ending Stocks

120

120

52

52

0

52

Total Distribution

1970

1970

1422

1370

0

1712

(1000 MT) ,(PERCENT)

Meal, Rapeseed

2014/2015

2015/2016

2016/2017

Market Begin Year

Oct 2014

Oct 2015

Oct 2016

Pakistan

USDA Official

New Post

USDA Official

New Post

USDA Official

New Post

Crush

1100

959

750

650

0

580

Extr. Rate, 999.9999

0.5855

0.5839

0.5867

0.5846

0

0.5862

Beginning Stocks

0

0

0

50

0

0

Production

644

560

440

380

0

340

MY Imports

4

40

3

30

0

0

MY Imp. from U.S.

0

0

0

0

0

0

MY Imp. from EU

0

0

0

0

0

0

Total Supply

648

600

443

460

0

340

MY Exports

9

20

10

10

0

10

MY Exp. to EU

0

0

0

0

0

0

Industrial Dom. Cons.

0

0

0

0

0

0

Food Use Dom. Cons.

0

0

0

0

0

0

Feed Waste Dom. Cons.

639

530

433

450

0

330

Total Dom. Cons.

639

530

433

450

0

330

Ending Stocks

0

50

0

0

0

0

Total Distribution

648

600

443

460

0

340

(1000 MT) ,(PERCENT)

Meal, Sunflowerseed

2014/2015

2015/2016

2016/2017

Market Begin Year

Oct 2014

Oct 2015

Oct 2016

Pakistan

USDA Official

New Post

USDA Official

New Post

USDA Official

New Post

Crush

360

350

310

330

0

270

Extr. Rate, 999.9999

0.4167

0.4143

0.4194

0.4121

0

0.4148

Beginning Stocks

0

0

0

0

0

0

Production

150

145

130

136

0

112

MY Imports

0

0

0

0

0

0

MY Imp. from U.S.

0

0

0

0

0

0

MY Imp. from EU

0

0

0

0

0

0

Total Supply

150

145

130

136

0

112

MY Exports

0

0

0

0

0

0

MY Exp. to EU

0

0

0

0

0

0

Industrial Dom. Cons.

0

0

0

0

0

0

Food Use Dom. Cons.

0

0

0

0

0

0

Feed Waste Dom. Cons.

150

145

130

136

0

112

Total Dom. Cons.

150

145

130

136

0

112

Ending Stocks

0

0

0

0

0

0

Total Distribution

150

145

130

136

0

112

(1000 MT) ,(PERCENT)

Meal, Soybean

2014/2015

2015/2016

2016/2017

Market Begin Year

Oct 2014

Oct 2015

Oct 2016

Pakistan

USDA Official

New Post

USDA Official

New Post

USDA Official

New Post

Crush

500

540

1250

1300

0

2000

Extr. Rate, 999.9999

0.78

0.7778

0.784

0.7808

0

0.78

Beginning Stocks

50

50

120

200

0

52

Production

390

420

980

1015

0

1560

MY Imports

1036

1030

1150

700

0

600

MY Imp. from U.S.

0

0

0

0

0

0

MY Imp. from EU

0

0

0

0

0

0

Total Supply

1476

1500

2250

1915

0

2212

MY Exports

0

0

0

0

0

0

MY Exp. to EU

0

0

0

0

0

0

Industrial Dom. Cons.

0

0

0

0

0

0

Food Use Dom. Cons.

0

0

0

0

0

0

Feed Waste Dom. Cons.

1356

1300

2200

1863

0

2150

Total Dom. Cons.

1356

1300

2200

1863

0

2150

Ending Stocks

120

200

50

52

0

62

Total Distribution

1476

1500

2250

1915

0

2212

(1000 MT) ,(PERCENT)

OIL

Production:

Pakistan produces about 20 percent of its vegetable oil needs domestically and 2016/17 production is forecast to increase from the revised 2014/15 and 2015/16 estimates that reflect official estimates.

Consumption:

MY 2016/17 total oil consumption is forecast at a record 4.47 MMT, up ten percent from the current marketing year. Palm oil dominates the imported vegetable oil market and is commonly blended with others and sold as cooking oil. For health reasons, well-to-do consumers are gradually shifting from hydrogenated oils to soft oils.

Trade:

Pakistan is a leading importer of vegetable oil. In MY 2016/17, total imports are forecast at 3.3 MMT, up 9.6 percent from the revised 2015/16 estimate. 2014/15 imports are estimated lower based on official data. Refined palm oil accounts for about 95 percent of Pakistan's total edible oil imports. Imports of soybean oil are expected to increase to 300,000 MT in MY 2016/17 as importers look to alternative supply sources based on pricing. Demand for imported oil is likely to continue to expand as lower income consumers who are moving up the economic ladder increase the amount of vegetable oil (a key component in Pakistani cooking) in their cooking. Per capita consumption is at 20 kg, but there is still room for growth as gross domestic product grows, albeit slowly.

2014

2015

2016

Total Oil Pakistan

2014/2015

2015/2016

2016/2017

Market Year Begin: Oct 2014

Market Year Begin: Oct 2015

Market Year Begin: Oct 2016

USDA Official

New Post

USDA Official

New Post

USDA Official

New Post

Crush

6,140

5,949

5,110

4,990

0

6,450

Beginning Stocks

350

350

311

285

0

235

Production

1,286

1,235

1,091

1,040

0

1,240

MY Imports

2,980

2,656

3,410

3,010

0

3,300

MY Imp. from U.S.

0

0

0

0

0

0

MY Imp. from EU

0

0

0

0

0

0

Total Supply

4,616

4,241

4,812

4,335

0

4,775

MY Exports

50

49

50

50

0

50

MY Exp. to EU

0

0

0

0

0

0

Industrial Dom. Cons.

115

115

115

115

0

130

Food Use Dom. Cons.

4,069

3,731

4,310

3,874

0

4,279

Feed Waste Dom. Cons.

71

61

76

61

0

61

Total Dom. Cons.

4,255

3,907

4,501

4,050

0

4,470

Ending Stocks

311

285

261

235

0

255

Total Distribution

4,616

4,241

4,812

4,335

0

4,775

CY Imports

2,538

2,538

0

0

0

0

CY Imp. from U.S.

0

0

0

0

0

0

CY Exports

0

0

0

0

0

0

Oil, Cottonseed

2014/2015

2015/2016

2016/2017

Market Begin Year

Oct 2014

Oct 2015

Oct 2016

Pakistan

USDA Official

New Post

USDA Official

New Post

USDA Official

New Post

Crush

4000

4100

2800

2710

0

3600

Extr. Rate, 999.9999

0.1538

0.1512

0.1536

0.1513

0

0.15

Beginning Stocks

10

10

15

10

0

10

Production

615

620

430

410

0

540

MY Imports

0

0

0

0

0

0

MY Imp. from U.S.

0

0

0

0

0

0

MY Imp. from EU

0

0

0

0

0

0

Total Supply

625

630

445

420

0

550

MY Exports

0

0

0

0

0

0

MY Exp. to EU

0

0

0

0

0

0

Industrial Dom. Cons.

30

30

30

30

0

30

Food Use Dom. Cons.

580

590

410

380

0

510

Feed Waste Dom. Cons.

0

0

0

0

0

0

Total Dom. Cons.

610

620

440

410

0

540

Ending Stocks

15

10

5

10

0

10

Total Distribution

625

630

445

420

0

550

Oil, Rapeseed

2014/2015

2015/2016

2016/2017

Market Begin Year

Oct 2014

Oct 2015

Oct 2016

Pakistan

USDA Official

New Post

USDA Official

New Post

USDA Official

New Post

Crush

1100

959

750

650

0

580

Extr. Rate, 999.9999

0.3955

0.391

0.396

0.3923

0

0.3966

Beginning Stocks

4

4

3

3

0

3

Production

435

375

297

255

0

230

MY Imports

0

0

0

0

0

0

MY Imp. from U.S.

0

0

0

0

0

0

MY Imp. from EU

0

0

0

0

0

0

Total Supply

439

379

300

258

0

233

MY Exports

0

0

0

0

0

0

MY Exp. to EU

0

0

0

0

0

0

Industrial Dom. Cons.

10

10

10

10

0

10

Food Use Dom. Cons.

425

365

286

244

0

219

Feed Waste Dom. Cons.

1

1

1

1

0

1

Total Dom. Cons.

436

376

297

255

0

230

Ending Stocks

3

3

3

3

0

3

Total Distribution

439

379

300

258

0

233

(1000 MT) ,(PERCENT)

Oil, Sunflowerseed

2014/2015

2015/2016

2016/2017

Market Begin Year

Oct 2014

Oct 2015

Oct 2016

Pakistan

USDA Official

New Post

USDA Official

New Post

USDA Official

New Post

Crush

360

350

310

330

0

270

Extr. Rate, 999.9999

0.4

0.4

0.4

0.4091

0

0.4074

Beginning Stocks

10

10

10

10

0

10

Production

144

140

124

135

0

110

MY Imports

0

0

0

0

0

0

MY Imp. from U.S.

0

0

0

0

0

0

MY Imp. from EU

0

0

0

0

0

0

Total Supply

154

150

134

145

0

120

MY Exports

0

0

0

0

0

0

MY Exp. to EU

0

0

0

0

0

0

Industrial Dom. Cons.

0

0

0

0

0

0

Food Use Dom. Cons.

144

140

124

135

0

110

Feed Waste Dom. Cons.

0

0

0

0

0

0

Total Dom. Cons.

144

140

124

135

0

110

Ending Stocks

10

10

10

10

0

10

Total Distribution

154

150

134

145

0

120

(1000 MT) ,(PERCENT)

Oil, Soybean

2014/2015

2015/2016

2016/2017

Market Begin Year

Oct 2014

Oct 2015

Oct 2016

Pakistan

USDA Official

New Post

USDA Official

New Post

USDA Official

New Post

Crush

500

540

1250

1300

0

2000

Extr. Rate, 999.9999

0.184

0.1852

0.192

0.1846

0

0.18

Beginning Stocks

17

17

18

12

0

12

Production

92

100

240

240

0

360

MY Imports

154

96

210

210

0

300

MY Imp. from U.S.

0

0

0

0

0

0

MY Imp. from EU

0

0

0

0

0

0

Total Supply

263

213

468

462

0

672

MY Exports

0

0

0

0

0

0

MY Exp. to EU

0

0

0

0

0

0

Industrial Dom. Cons.

5

5

5

5

0

10

Food Use Dom. Cons.

240

196

450

445

0

640

Feed Waste Dom. Cons.

0

0

0

0

0

0

Total Dom. Cons.

245

201

455

450

0

650

Ending Stocks

18

12

13

12

0

22

Total Distribution

263

213

468

462

0

672

(1000 MT) ,(PERCENT)

Oil, Palm

2014/2015

2015/2016

2016/2017

Market Begin Year

Oct 2014

Oct 2015

Oct 2016

Pakistan

USDA Official

New Post

USDA Official

New Post

USDA Official

New Post

Area Planted

0

0

0

0

0

0

Area Harvested

0

0

0

0

0

0

Trees

0

0

0

0

0

0

Beginning Stocks

309

309

265

250

0

200

Production

0

0

0

0

0

0

MY Imports

2826

2530

3200

2800

0

3000

MY Imp. from U.S.

0

0

0

0

0

0

MY Imp. from EU

0

0

0

0

0

0

Total Supply

3135

2839

3465

3050

0

3200

MY Exports

50

49

50

50

0

50

MY Exp. to EU

0

0

0

0

0

0

Industrial Dom. Cons.

70

70

70

70

0

80

Food Use Dom. Cons.

2680

2410

3040

2670

0

2800

Feed Waste Dom. Cons.

70

60

75

60

0

60

Total Dom. Cons.

2820

2540

3185

2800

0

2940

Ending Stocks

265

250

230

200

0

210

Total Distribution

3135

2839

3465

3050

0

3200

(1000 HA) ,(1000 TREES) ,(1000 MT)