Hungary cut sunseed exports in favor of crushing

13.06.2017

Hungary increased sunoil exports to 337 KMT in September-March 2016/17 that is 14.2% more that at the same time last season (295 KMT). The country exported 447 KMT of sunoil last season. Hungary managed to expand exports due to a rich sunseed harvest in 2016/17 season: 1874 KMT against 1586 KMT in the previous season, reports UkrAgroConsult.

Traditionally, the top importers of Hungarian sunoil in the period under review were EU countries such as the Netherlands, Germany, Italy and the Czech Republic.

At the same time, sunseed exports decreased 37.5% to 172 KMT (275 KMT in September-March 2015/16). 382 KMT of sunseed was shipped abroad last season.

Further prospects of the Black Sea oilseeds/vegoils market will be discussed at the V International Conference “Black Sea Oil Trade”, which will take place on September 19, 2017 in Hilton hotel, Kiev, Ukraine.

Annual International Conference “Black Sea Oil Trade” – is an effective platform, providing oilseed industry operators with vast networking opportunities, exclusive analytics of Ukrainian and Black Sea agri market, insights for development of the long term business strategies.

Conference participants are represented by producers and crushers of oilseeds, traders, enterprises for deep processing of vegetable oils, agriholdings, investment companies, banks, legal, shipping, brokerage, insurance, surveyor companies etc.

Early Bird registration rate is available! Market operators from 10 countries have already registered to take part. 

Follow the updates, Agenda and Speakers at the conference website.

 

UkrAgroConsult

 

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