Ukraine. The State Fiscal Service reported on vegoil exports in the first five months of 2019

In January-May 2019, Ukraine exported 2.964 MMT of vegoils to an amount of USD 2.002 Bl., reports UkrAgroConsult.

Exports of sunflower, safflower and cotton oils totaled 2.773 MMT, worth USD 1.88 Bl. The biggest buyers included India (USD 67.108 Ml worth, 35.7% of total exports), China (USD 223.879 Ml worth, 11.9%), and the Netherlands (USD 189.597 Ml, 10.1%). In monetary terms, the commodity’s share in total exports equaled 9%.

Soybean oil exports totaled 177.419 KMT to an amount of USD 111.035 Ml.

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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.

UkrAgroConsult