Home » Latest News

Myanmar imports palm oil to meet cooking demand

YANGON, Oct. 25 (Xinhua) -- Myanmar imported 400,000 tons of palm oil annually to fill demand of edible oil as an alternative, an official report said on Sunday.

Domestic edible oil produced from peanuts is 500,000 tons a year, while edible oil consumption is 900,000 tons, the Edible Oil Dealers' Association was quoted as saying.

The association attributed the low edible oil production to less number of peanut oil mills in operation nationwide.

Since 2011, Myanmar has granted private companies to import palm oil from Malaysia and Indonesia in a bid to meet the demand.

Malaysian entrepreneurs have introduced their palm oil to the Myanmar market over the past few years.

  • 沪ICP证:沪ICP备05050403
  • |
  • 网络视听许可证:0909346
  • |
  • 广播电视节目制作许可证:沪字第354号
  • |
  • 增值电信业务经营许可证:沪B2-20120012

 

Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.

沪公网安备 31010602000204号

Email this to your friend