China purchased a record-high volume of Ukrainian soybean oil

Soybean oil exports in September–May 2019/20 hit a record high of some 260 KMT (+6% year-on-year). The EU remains the key importer, accounting for 46% of the market. Its purchases rose by 26%, UkrAgroConsult reports.

May witnessed an all-time record volume of exports to China – some 20 KMT.

Growth in exports was registered to the following markets: China (+155%), Germany (+224%), Poland (+44%).

A slowdown in exports was observed to: Algeria (-91%), India (-59%), Israel (-68%).

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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