Bangladesh: Oilseeds and Products Annual

  |   Attaché Report (GAIN)   |   BG2022-0004

Edible oil prices have been trending higher and are now increasingly volatile due to poor market transparency and the Russian invasion of Ukraine. Post forecasts MY 2022/2023 soybean imports up to 2.8 million MT, while local soybean production remains flat. Bangladesh is exporting soybean meal to both India and Nepal. For rapeseed, Post revised its numbers to combine the production, marketing, and consumption data of both rapeseed and mustard.

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