SECTOR UPDATE December, 2019 EDIBLE OIL VIS Credit Rating Company Limited
SECTOR UPDATE
December, 2019EDIBLE OIL
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0200400600800
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Price Trends
Exhibit 4: Avg. Palm Oil Prices (US$/M.Ton)
• US China trade war has affected the global prices of edible oil industry and resulted in global slowdown.
• Average prices for Vegetable Ghee was reported at Rs. 183/kg and Cooking Oil at Rs. 228/ltr in October 2019.
• There is a cost difference of around Rs. 40 per Kilo between ghee and cooking oil. Despite the price difference, cooking oil share is expected to witness growth but remain lower than that of Ghee.
0200400600800
10001200140016001800
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Exhibit 5: Avg. Soybean Oil Prices (US$/M.Ton)
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Analysts Contacts
Talha IqbalSenior [email protected]
Muhammad TabishAssistant [email protected]
