Russia produced almost 5 MMT of vegoils this season

13.09.2017

452.8 KMT of vegoil was produced in Russia in July 2017 that is 2.2% more than in the previous month and up 43.8% from July 2016. Overall output in September-July 2016/17 reached 4935.5 KMT, or 15.7% more than at the same time last year (4264.1 KMT), reports UkrAgroConsult.

Sunflower oil accounts for some 89% of vegoil production. Its output amounted to 361 KMT in July 2017 against 363 KMT in June 2017 and 231 KMT in July 2016. More sunoil was produced in September-July 2016/17 than at the same time in MY 2015/16 (4373 KMT against 3667 KMT, respectively). So, its production keeps at a record level.

Further prospects of the oilseeds/vegoils market in the Black Sea region countries 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.

Market operators from 30 countries have already registered to take part. 

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

 

UkrAgroConsult

 

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