MOSCOW: According to preliminary data, in August Russia exported about 30 KMT of sunflower oil, thus, the entire season’s exports amounting to 1240 KMT – 25% less than in 2013/14 market year.
Reduction in export shipments is due to both the decrease of 15% in sunflower yield, and the rise in domestic consumption of vegetable oils.
The main directions of oil export from Russia remain to be Turkey and Egypt, their combined market share in Russian market is 75%.
GWADAR: Iran has closed and reopened the Strait of Hormuz several times since the US-Iran war began in February. When...
LAHORE: Lahore Chamber of Commerce and Industry hosted a seminar titled “Enhancing Pakistan-Libya Trade and Economic Cooperation”, attended by Major...
KARACHI: Pakistan’s foreign exchange reserves recorded a modest increase during the week ended July 17, 2026, according to the latest...
ISLAMABAD: The Federal Board of Revenue (FBR) will require taxpayers to issue a verifiable and unique invoice number for every...
