International Multi Group to Produce Higher‑Value Sesame for China Market
International Multi Group of Companies (IMGC) will start processing sesame domestically to export higher‑value products to China, aiming to capture more margin as Chinese demand surges.
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Agricultural processing move has no direct effect on listed PSX sectors; watch for indirect supply‑chain impacts.
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Sectors: Markets — Neutral · Watch. Agricultural processing move has no direct effect on listed PSX sectors; watch for indirect supply‑chain impacts.
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Open on The Nation## Company Announcement
International Multi Group of Companies (IMGC), a Pakistani agribusiness firm, announced plans to shift part of its sesame value chain from raw export to domestic processing. The company intends to produce higher‑value sesame products such as roasted, peeled and oil‑extracted varieties before shipping them to China.
## Rationale and Market Opportunity
China’s demand for premium sesame products has been rising sharply, driven by increased consumption in food manufacturing and snack sectors. By processing the crop locally, IMGC aims to capture additional value that would otherwise be realized by overseas processors. The move is expected to improve export earnings per tonne and reduce reliance on raw‑commodity price volatility.
## Implementation Timeline
The company plans to set up the processing facilities within the next 12 months, with an initial production capacity of 5,000 metric tonnes per year. It will source sesame beans from its existing farmer network across Punjab and Sindh, ensuring continuity of supply.
## Expected Economic Impact
Higher‑value exports are projected to boost foreign exchange earnings and support the agricultural segment of Pakistan’s economy. While the initiative does not directly involve listed companies, it may have ancillary benefits for agro‑input suppliers and logistics firms.
## Statements from Management
IMGC’s CEO emphasized that the strategy aligns with Pakistan’s broader goal of moving up the agricultural value chain. He noted that the company is in talks with Chinese importers to secure off‑take agreements, which should provide a stable demand base once processing begins.