2020/21 season will certainly bring surprises to the sunflower complex market in Ukraine
Hot, dry summer has repeatedly made downward adjustments to sunflower crop forecasts, including when the harvest was already in progress.
UkrAgroConsult currently forecasts the crop at 9% lower from MY 2019/20, yield – by 13% lower.
Noteworthy, officially, 6383.3 Th ha was planted to sunflower for 2020. For the first time in recent years, this figure is maximally close to the real market situation.
Export potential of the sunflower oil market is estimated to decrease by 10% from MY 2019/20, sunflower – by 8%.
In general, the market will be supported by a sunseed shortage and competition for available volumes throughout MY 2020/21. The shortage will manifest itself particularly in the latter half of the season.
Full version of the article 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 14-day free trial!!
Start using analytical data and increase your efficiency now!
Register to get your demo access: http://agrisupp.com/en/register/1
CMA CGM announces FAK rates from Red Sea to North Europe & the Mediterranean
CPO prices continue downtrend as concerns about weak demand outweigh flood worries
Indonesia, Malaysia Step Up Palm Oil Lobbying: Report
After vaccine diplomacy, India rises to supply rice to the world
THE MARKETS LOOK VULNERABLE TO CORRECTION, ANALYST SAYS
Write to us
Our manager will contact you soon
//= do_shortcode('[contact-form-7 id="284" title="Бесплатная консультация"]'); ?>