Russia. Rapeseed crushing has been falling for a second season in a row

28.08.2017

15.3 KMT of rape oil was produced in Russia in June 2017 against 23 KMT in May 2017 and 8 KMT in June 2016. June’s output was the lowest in the whole 2016/17 marketing year, reports UkrAgroConsult.

Rapeseed oil production in the 2016/17 season (July-June) amounted to a total 305.9 KMT. It was down 11% year-on-year (343.8 KMT in July-June 2015/16).

Rapeseed crushing in Russia has been falling for a second season in a row. In view of more optimistic forecasts for the 2017/18 rapeseed crop than harvested in the previous season (up 0.2 MMT), rape oil production may restore in the new season.

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.

Early Bird registration rate is available! Market operators from 20 countries have already registered to take part. 

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

 

UkrAgroConsult

 

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