Russia. Sunseed exports recovered in the latter half of the season

210.7 KMT of sunflower seed was exported in September-May 2018/19 that is up 142% year-on-year. The rise was caused by high demand from all major importers along with a bumper crop. A surge in exports is observed in the latter half of the season, reports UkrAgroConsult.

The largest share of sunflower seed exports (40%) went to Turkey, which increased purchases fourfold.

The markets of Sudan and Paraguay have been opened in MY 2018/19. Growth in exports is registered to the following markets: Kazakhstan (+372%), Belarus (+56%), Armenia (+396%), China (+513%).

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Please be reminded that on September 5, UkrAgroConsult will host a major meeting point of the oilseed industry operators – the 7th International Conference “Black Sea Oil Trade-2019” in Hilton, Kyiv, Ukraine.

‘Black Sea Oil Trade’ conference annually brings together key players of the global agribusiness at the start of a new oilseed season. The goal of the conference is to discuss prospects and directions of the Black Sea and global oilseed market development, exchange international contacts, share recommendations for adapting business strategies in the changing market and global trade.

More than 250 delegates from 25+ countries attend the conference annually. Conference participants are represented by producers and crushers of oilseeds, traders, enterprises for deep processing of vegoils, investment companies, banks, legal, shipping, brokerage, insurance, surveyor and other companies.

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