Russia beat its own vegoil production record in December


A record 599.4 KMT of vegoil was produced in Russia in December 2016 against 571.6 KMT in November 2016 and 503.9 KMT in December 2015. Altogether, 2076.1 KMT was made in September-December 2016/17, up 14.7% from last season’s 1810.1 KMT, reports UkrAgroConsult.

About 85% of vegoil output is represented by sunoil. An unprecedented 509 KMT of this commodity was produced in December 2016 against 478 KMT in November 2016 and 425 KMT in December 2015. Total sunoil production in 2016/17 hit a high of 1704 KMT against 1469 KMT 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.



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