📊 Pakistan Weekly Vegetable Oil Stocks Update (22 Dec 2025)
📈 Total vegetable oil stocks increased to 456,500 MT, up +17,500 MT WoW
🌴 RBD Palm Olein was the key driver, rising +16,000 MT to 267,000 MT
📉 RBD Palm Oil slipped slightly by -1,000 MT to 181,000 MT
🟡 CSFO & CPO stocks remained at zero
🌱 CDSBO stocks increased +2,500 MT to 8,500 MT
🚚 Weekly deliveries: 61,000 MT (+4,000 MT WoW)
🚢 Vessel arrivals: 75,750 MT, up +1,750 MT WoW
🚢 Russia Sets Paddy Rice Export Quota for 2026
🇷🇺 Russia has announced a 200,000 MT export quota for paddy rice in 2026
✅ Exports within the quota will be duty-free
⚠️ Shipments above the quota will face a 50% export duty on customs value
🎯 The move aims to support local rice farmers and expand access to new export markets
📊 India Rice Update | Record Stocks
🇮🇳 India’s government rice inventories are up nearly 12% YoY, hitting a record high by early December.
🏬 Total stocks (including unmilled paddy) reached 57.57 million MT.
🎯 This is far above the government’s January buffer target of 7.61 million MT.
🚢 High stocks may allow India, the world’s largest rice exporter, to increase shipments.
⚠️ This could put price pressure on other exporters like Thailand, Vietnam, and Pakistan.
🍚Sugar Imports Continue During Crushing Season 🍬
📈 Pakistan imported 76,752 MT of sugar in November alone, bringing total imports in the first five months of the fiscal year to 308,142 MT.
💰 Import cost (July–Nov): PKR 49.42 billion | November alone: PKR 12.66 billion
⚖️ On July 4, the federal cabinet approved 500,000 MT sugar imports through Trading Corporation of Pakistan (TCP), despite opposition from the Pakistan Sugar Mills Association (PSMA).
✅ Tax exemptions were granted on sugar imports, ensuring continued inflows even during the domestic crushing season.
🍲Food Exports Decline While Imports Rise
💵 Pakistan’s food exports fell to $1.959B in the first five months of FY, down 38% from $3.155B last year.
📦 November exports: $420M ↓ from $430M in October & $790M last November.
📈 Food imports surged to $3.484B in five months, 28% higher than $2.998B last year.
📦 November imports: $772M ↑ from $657M last November.
⚠️ Widening trade deficit highlights urgent challenges for export competitiveness and supply chain efficiency.
🍚Asian White Rice Prices Surge
- 🇹🇭 Thailand: $347 → $394/ton (+13.5%) | Strong demand, tight domestic supply
- 🇻🇳 Vietnam: $361 → $448/ton (+24.1%) | Biggest surge, limited exports, logistical constraints
- 🇮🇳 India: $346 → $351/ton (+1.4%) | Stable supply, modest gains, exports fluctuate but steady
- 🇵🇰 Pakistan: $340 → $356/ton (+4.7%) | Steady Middle East demand, seasonal logistics support prices
- 🇲🇲 Myanmar: $326 → $339/ton (+4%) | Moderate rise, slow but steady export inquiries
