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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.
Assuming a normal 2016 monsoon (June-Sept), India’s total oilseed production in marketing year (MY) 2016/17 (Oct-Sept) will reach 35.4 million metric tons (MMT), a ten-percent over last year.