Ukraine. The pace of sunflower oil exports is rather high, despite sunseed crop decline
Sunflower crop decline in Ukraine has not yet adversely affected the pace of sunflower oil exports. 305 KMT of sunflower oil was exported in September 2020/21 (+33% year-on-year).
An active start to the new season in view of a sunseed crop decline will inevitably lead to abnormally low exports in the latter half of the season, UkrAgroConsult reports.
Exports to key destination markets changed as follows: China (+269%), India (-29%), EU countries (+37%).
Growth in exports was registered to the following markets: the Netherlands (manifold), Saudi Arabia (manifold), the U.S. (manifold).
A slowdown in exports was observed to Italy, Spain and Jordan.
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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