New leaders emerged among Ukrainian soybean crushers

23.05.2017

In the Ukrainian soybean meal/cake market, some major soybean crushers reduced production in the seven months of MY 2016/17, reports UkrAgroConsult.

So, the Globino soybean processing plant retained its leading position this season. Moreover, the company’s share in overall production expanded to 20.5% against 15.6% at the same time last season.

The Katerynopil elevator (MHP) became the second-ranking with a market share of 17.2% against 9.7% at the same time last season. Noteworthy, the Protein Production soybean crusher (GREENSTONE) fell in the ranking from the second line to the eighth one this season due to substantially decreased soybean processing volumes. The company’s market share dropped to 2.8% in September-March 2016/17 against 12% in September-March 2015/16.

According to the report, with actually unchanged soybean cake output, PromTechAgroTorg Company climbed from the fifth line in the ranking to the third one as other major crushers reduced soybean processing. The company’s market share in total production equals 7.8% this season against 6.4% a year ago.

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.

 

UkrAgroConsult

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