Argentina returns: sunflower oil exports to Asia are on the rise

04.08.2016

Olena Hesova – grain and oilseed markets analyst at "UkrAgroConsult "

Complete cancellation of sunflower and sunflower processed products export duties is quite a nice incentive for gradual recovery in sunflower seed production. During the ongoing sowing campaign, which started early in July, Argentinian farmers will be able to expand sunflower area in average by 22%

It should be mentioned that tendency to higher sunflower oil exports has shaped at once after the export duties cancellation in December 2015.

The most peculiar is the fact, that export geography is changing dramatically in 2016…

Full version of the article is available to subscribers for weekly market report “Black Sea Vegoils & CIS” and “Online market review” by UkrAgroConsult.

 

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