Rice sourced from India and Thailand typically enters the region through Cotonou before being re-exported informally into Nigeria.
By investing in productivity, sustainability, and inclusive growth, Côte d’Ivoire aims to reclaim its leadership in the West African palm oil market.
The FAS said its relatively stable forecast for soybean imports is linked to restrained 2% growth in crushing demand.
The association, which represents India’s edible oil refining industry, highlighted that the country’s vegetable oil imports; primarily palm and soybean oils, have stabilized and are beginning to ease.
The case arises from the government’s plan to import 250,000 metric tonnes of rice.