Ukraine. Sunflower oil exports at a three-year low
Sunflower oil exports in September-April 2020/21 totaled almost 4MMT. This is 13.5% compared to a year ago, UkrAgroConsult reports.
The country’s export potential in MY 2020/21 was cut to 5.38 MMT (-19% from MY 2019/20, within a limit set under the Memorandum between the Ministry of Economic Development, Trade and Agriculture of Ukraine and UkrOliyaProm Association).
Shipments to major export markets changed as follows: China (+40%), India (-7%), EU countries (-33%).
Growth in exports was registered to the following markets: Republic of Korea (+144%), Libya (+56%), Saudi Arabia (+26%).
A slowdown in exports was observed to Spain (-43%), Iraq (-40%), Italy (-40%).
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 7-day free trial!
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