Commodity.
Edible oil, ghee market dependent on imported palm oil CCP
The Edible oil and ghee market of Pakistan is highly dependent on imported palm oil, which is 100 percent imported and the local sources have a share of only 14 percent in the total edible oil consumption. A Competition Commission of Pakistan (CCP's) new report on the ghee and cooking oil industry released on Tuesday revealed that the rise in international prices of edible oil and oilseeds and exchange rate fluctuations have a key impact on the...
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