China reduced Russian soybean oil purchases
In MY 2020/21 (September-January), Russian soybean oil exports totaled 254.7 KMT or 10% lower y-o-y, however it still remained a second record.
China remains the biggest importer, but its purchases are down 57% y-o-y. At the same time, a rise is seen in buying interest from India, which began regular purchases, UkrAgroConsult reports.
Exports to EU countries dropped by 5%.
Growth in exports was registered to Lithuania, Mongolia and Belarus. A slump in exports was fixed to the following countries: Norway, Denmark and Korea.
More detailed information on the latest trends in oilseeds/vegoils and meals 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 3-day free trial!!
Start using analytical data and increase your efficiency now!
Register to get your demo access: http://agrisupp.com/en/register/1
Read also
Egypt will refuse to import grain from the occupied territories of Ukraine, — Zele...
MERCOSUR Agri Markets: The Forces Reshaping Global Supply
Corn prices in Ukraine are rising, but competition with Argentine grain is intensi...
Escalation of conflict around Iran could trigger rise in corn prices
Pig population in the EU has decreased slightly
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon