Astarta increased soybean product sales this year

21.06.2018

Astarta Holding reported its operating results for Q1 2018. So, in the first three months of 2018, soybean oil and soybean meal sales increased 14% and 10%, respectively.

At the same time, the company’s soybean segment revenues decreased 3% to EUR 21 Ml because the average euro-denominated price went down due to a strengthening euro against the US dollar, reports UkrAgroConsult.

The export share in total soybean complex sales was 81%.

As a reminder, the current 2017/18 season witnesses a record pace of soybean crushing and soybean product exports in Ukraine. So, in September-April 2017/18, production of soybean oil reached 139 KMT with its exports up at 125 KMT; soybean meal exports totaled 265 KMT.

More detailed information on the latest trends in oilseeds/vegoils/meals exports, supply and demand balances with breakdown by crop as well as crop conditions and progress in planting in the countries of Black Sea Region is available to subscribers for weekly market report "Black Sea Vegoils" by UkrAgroConsult.

Further prospects of the Black Sea oilseeds/vegoils market will be discussed at the VI International Conference “Black Sea Oil Trade”, which will take place on September 20, 2018 in Hilton hotel, Kiev, Ukraine.

In 2017 International Conference «Black Sea Oil Trade» attracted 250 delegates from 25 countries and 150 companies.

 

UkrAgroConsult

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