Ukraine. Sunflower oil exports remain high

A record volume of sunflower oil was exported in September-July 2019/20 (+10.4% year-on-year), UkrAgroConsult reports.

July witnessed record-high exports for this month – 593 KMT – owing to increased shipments to EU countries, China, the UK, Nepal, and Saudi Arabia.

All the top importers, except for India, increased purchases of Ukrainian sunflower oil: EU countries (+11%), China (+33%), Iraq (+6%), Egypt (+110%), the UAE (+35%).

Exports to India fell by 226 KMT (down 11%), with this season’s purchases from Russia exceeding 467 KMT vs. 50 KMT a year earlier.

Growth in exports to the following markets: Poland (+156%), France (+67%), Spain (+20%).

More detailed information on the latest trends in oilseeds/vegoils exports, supply and demand balances with breakdown by crop, price behavior, crop conditions and progress in harvesting/planting in the countries of Black Sea Region is available to subscribers for Online Analytics "Black Sea Vegoils" in the new innovative tool for agri market participants – AgriSupp by UkrAgroConsult. Subscribe to a 7-day free trial!!

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UkrAgroConsult

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