Vegetable Oil Industry Stabilizes

A total of 600,000 tons of vegetable oil were produced in Iran during the first three months of the current Iranian year (March 21-June 21). According to the secretary of Iranian Vegetable Oil Industry Association, output outweighed domestic demand during the period under review.
“On the orders of the Ministry of Industries, Mining and Trade, the association has to ensure the production of at least 180,000 tons of vegetable oils per month. Yet, due to the shortage of the commodity in the local market during the past few months, we managed to increase production to regulate the market demand and prices,” Amir Houshang Birashk was also quoted as saying by IRNA.
The official added that Iran’s vegetable oil industry has the capacity to meet all the country’s household, business and industry demand.