Russia increases production of soybean oil


In June Russia produced 321.7 KMT of sunflower oil against 300 KMT in May and 222 KMT in June 2015. Over the whole season (September-June) sunflower oil production reached the level of 2014/15 MY and equaled 3426 KMT. Sunflower oil has the share of 80% from the total vegoil production (4264 KMT).

In June 2016 soybean oil production reached the highest volume in the current season – about 61 KMT. Since the beginning of the 2015/16 season Russia produced 10% more soybean oil than in 2014/15, in particular 528.5 KMT against 478.1 KMT.

In June 2015/16 rapeseed oil production was the lowest over the last 3 seasons and equaled less than 8 KMT. Total volume produced over the 2015/16 season production squeezed by 15% (347.4 KMT against 406.9 KMT).



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