Kazakhstan. Oilseed crushing closed the season at a record high

03.10.2018

According to the Statistics Committee under the Economy Ministry of Kazakhstan, vegoil production reached a record 381.1 KMT in the 2017/18 season that is up 9% year-over-year, reports UkrAgroConsult.

Output of unrefined vegoil increased to 144 KMT (up 17% year-over-year). Production of refined vegoil, on the contrary, lowered by 1%, to 128 KMT.

A specific feature of the 2017/18 season was the fact that production of unrefined vegoil exceeded that of refined product for the first time in Kazakhstan’s history.

As a reminder, the total harvest area of oilseeds in Kazakhstan equals 2.8 Ml ha in 2018 that is 0.4 Ml ha larger than last year. According to the Ag Ministry of Kazakhstan, oilseed production is expected at 2.3 MMT.

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

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UkrAgroConsult

 

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