YANGON, February
4 (Xinhuanet) -- Myanmar imported 72.07 million U. S. dollars worth of edible
oil in the first 10 months of 2001, a 22.67 percent increase compared with
the same period of 2000, according to the latest figures of the country's
Central Statistical Organization. Myanmar produces over
380,000 tons of the oil annually, accounting for only 76 percent of the
country's total domestic demand. Myanmar projects to yield
413,000 tons of edible oil during the present fiscal year of 2001-2002 ending
March, an increase of 32, 000 tons over the previous fiscal year, according
to a forecast of the state-run Myanmar Agricultural Service
(MAS). The MAS under the Ministry of Agriculture and Irrigation
expects that the increased production would be brought about through
growing of three main oil crops of groundnut, sesame and sunflower in three
arid divisions of Mandalay, Sagaing and Magway in central
Myanmar. Total cultivated area of the crops would expand to 2.55
million hectares with sesame taking up 1.4 million hectares, more than
double the area of the other two crops. According to
official statistics, annual edible oil consumption of Myanmar is about
500,000 tons. As domestic production is still falling short of demand, the
country has to import over 100,000 tons of palm oil annually from
Malaysia. Enditem |