Bangladesh now in million tonnes edible oil importers club
Monday, 1 February 2010
The country's palm oil import in 2009 crossed the million tonnes mark to a total of 1,023,128 tonnes including crude and refined palm oil, reports BSS.
Malaysian Palm oil marketing sources said in Dhaka the country saw a record growth in import of edible oil last year, mainly palm oil joining the million tonnes' importers club.
Import grew by a record 25.39 per cent from January to December last year compared to that in previous 2008, sources said further.
Meanwhile, the offer of a new credit line announced during a conference of Malaysian Palm Oil Council held recently in Dhaka to support further market expansion of palm oil in Bangladesh is likely to bring a new boost to its imports.
The commerce minister of Bangladesh is expected to visit Malaysia soon, the source said adding detailed might be worked out on this credit line issue centring the forthcoming visit.
Malaysian Palm oil marketing sources said in Dhaka the country saw a record growth in import of edible oil last year, mainly palm oil joining the million tonnes' importers club.
Import grew by a record 25.39 per cent from January to December last year compared to that in previous 2008, sources said further.
Meanwhile, the offer of a new credit line announced during a conference of Malaysian Palm Oil Council held recently in Dhaka to support further market expansion of palm oil in Bangladesh is likely to bring a new boost to its imports.
The commerce minister of Bangladesh is expected to visit Malaysia soon, the source said adding detailed might be worked out on this credit line issue centring the forthcoming visit.