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Section 2 : Global Palm Oil Market Focus:
Emerging Trend in Pakistan Edible Oil Market for Palm Oil
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By: Mr. Rasheed Janmohammad
Mr. Rasheed Janmohammad is the Chief Executive Officer of Mapak Edible Oil (Pvt.) Limited, the largest physical refinery operating in Pakistan. He is also the CEO of FWQ Enterprise (Edible Oil Jetty) and Mapak Qasim Bulkers, which are joint venture projects of leading Malaysian companies with Pakistan’s Westbury Group.
Mr. Janmohammad is actively involved in the operations of these organizations and also serves as the Director of Westbury Private Limited, Dalda Foods Pakistan, Trading Enterprise Private Limited, Bulk Management Pakistan, Shakoo Private Limited and F&B Bulk Storage Limited. He is also part of the managing committees of various trade organizations and Karachi Kharadar Hospital.
Mr. Janmohammad received his Master of Law degree from S. M. Law College before joining the edible oil trade in 1980. He has been involved in all aspects of the oils and fats trade and has spearheaded the growth of his family business which now has stakes in edible oil trade, refining, manufacturing, oilseed crushing, education, rice and molasses export. He is passionate about the growth of the oils and fats business in Pakistan and is the driving force behind the Pakistan Edible Oil Conference (PEOC). Mr. Janmohammad contributes actively in local and international journals and is also a regular speaker at oils and fats conferences in Pakistan and abroad.
VIEW PROFILE
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Pakistan is the 3rd largest importers of Palm Oil / Olien and the import will continue to increase due to consistent increase in population and increase in the growth of middle class. The import of oils and fats and oilseed has seen consistent growth in 2017 and the imports of edible oils are likely to be around 3 million MT by the end of 2017. Imports of soybeans in Pakistan have also seen unprecedented growth in 2017 and is likely to remain a key feature in the oils and fats mix of this market. The paper would focus on the changing dynamics and importance of this market and would predict the potential demand and growth of oils and fats in general and palm oil in particular in Pakistan.
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Section 2 : Global Palm Oil Market Focus |
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Archives |
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MITIGATING THE NEXT WAVE OF MARKET UNCERTAINTIES Nov 14, '22 ~ Nov 18, '22 |
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ASSESSING 2022: MANAGING OPPORTUNITIES AND RISKS Mar 28, '22 ~ Apr 01, '22 |
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Section 2: Opportunities for Palm Oil in Asian Market Oct 18, '21 ~ Oct 24, '21 |
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Section 1: Oils & Fats Supply, Demand and Outlook Oct 18, '21 ~ Oct 24, '21 |
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Section 1: Price Direction Apr 05, '21 ~ Apr 11, '21 |
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Section 2 : Special Focus on the US Apr 05, '21 ~ Apr 11, '21 |
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POINTERS ON THE PRICE TRENDS Jun 22, '20 ~ Jun 28, '20 |
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Section 1 : CPO Price Trend Feb 24, '20 ~ Mar 01, '20 |
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Section 2: Global Palm Oil Market Opportunities Feb 24, '20 ~ Mar 01, '20 |
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Section 2: Special Focus Aug 19, '19 ~ Aug 25, '19 |
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Section 1 : CPO Price Trend Aug 19, '19 ~ Aug 25, '19 |
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Special Focus - India Feb 25, '19 ~ Feb 24, '19 |
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Section 1: CPO Price Trend Feb 18, '19 ~ Feb 24, '19 |
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Section 2: Global Palm Oil Market Focus Aug 06, '18 ~ Aug 12, '18 |
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Section 1: CPO Price Trend Aug 06, '18 ~ Aug 12, '18 |
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Section 2 : Global Palm Oil Market Focus Jan 29, '18 ~ Feb 04, '18 |
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Section 1: CPO Price Trend Jan 29, '18 ~ Feb 04, '18 |
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Section 2: Regional Focus : CIS Countries Aug 21, '17 ~ Aug 27, '17 |
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Section 1: Palm Oil Price Fundamentals Aug 21, '17 ~ Aug 27, '17 |
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Section 2: Market Challenges and Opportunities Feb 20, '17 ~ Feb 26, '17 |
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Section 1: Price Directions Feb 20, '17 ~ Feb 26, '17 |
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Section 1 : Palm Oil Price Fundamentals Aug 22, '16 ~ Aug 28, '16 |
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Section 2 : Trade Issues and Market Prospects Aug 22, '16 ~ Aug 28, '16 |
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2016 Market Direction - Twists and Turns of Palm Oil Prices Feb 22, '16 ~ Feb 29, '16 |
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Second Half 2015 - Anticipating Market Price Direction Aug 17, '15 ~ Aug 23, '15 |
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Special Focus: Indian Sub-Continent Aug 17, '15 ~ Aug 23, '15 |
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Opportunities, Challenges And Trend In 2015 CPO Price Feb 23, '15 ~ Mar 01, '15 |
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2nd Half 2014: Market Challenges, Predictions And Directions Aug 25, '14 ~ Aug 31, '14 |
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Anticipating 2014 Palm Oil Price Direction Feb 17, '14 ~ Feb 24, '14 |
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Prospects For Second Half Of 2013 - Managing Price Fluctuations Jul 22, '13 ~ Jul 29, '13 |
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Mapping The Palm Oil Price - 2013 Market Perspective Feb 18, '13 ~ Feb 27, '13 |
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Palm Oil : Challenges, Opportunities And Latest Market Directions Aug 06, '12 ~ Aug 17, '12 |
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2012 Price Direction, Issues & Challenges Feb 13, '12 ~ Feb 20, '12 |
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Challenges, Opportunities And Latest Price Trend Aug 08, '11 ~ Aug 16, '11 |
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Challenges, Opportunities And Price Direction Feb 07, '11 ~ Feb 17, '11 |
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2010 Year End Prospects - What Lies Ahead? Aug 02, '10 ~ Aug 08, '10 |
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Posted on behalf of Mr Rasheed Janmohammad : Pakistan is one of the few countries where the local population still prefers to use “vanaspati ghee” as preferred cooking and frying medium which makes RBD palm oil the most suitable feedstock for edible oil industry. As per an estimate, 65% of Pakistani population still uses vanaspati for their daily cooking needs.
6 years ago