EU and Turkey were among the main buyers of Russian sunflower meal

15.09.2016

In July 2016 exports of Russian sunflower meal totaled 39.5 KMT against 98.7 KMT in June 2016 and 6.8 KMT in July 2015.

Since the beginning of 2015/16 (September-July) Russia exported 1158 KMT of sunflower meal compared to 1322 KMT in 2014/15. Main destinations of exports are EU countries (more than 34% of total exports) and Turkey with more than 31%.

Till the end of the season export volumes of Russian will continue its decrease.

Considering the 2016/17 sunflower crop forecast is no less than10.5 MMT, UkrAgroConsult expects Russia will continue to expand markets of end-consumers.  

More information on sunflower seed/sunoil market in Russia is available to subscribers for weekly market report "Black Sea Vegoils & CIS" and "Online market review" by UkrAgroConsult.

 

UkrAgroConsult

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