Ukraine. A seasonal decline in margarine production

08.08.2018

Ukraine’s large and medium-sized crushers produced 16.2 KMT of margarine in June 2018, i.e. almost 28% more than in the previous month (12.7 KMT) but 13% less than in June 2017 (18.6 KMT). The last three months in the current year witnessed lower margarine production than in the same period last year, therefore the upward year-on-year trend was reversed. Consequently, total margarine production in the first half of 2018 dropped 0.5% on the year to 108.6 KMT against 109.1 KMT in H1 2017.

Taking into account the upcoming seasonal surge in margarine market activity by the year end, overall margarine output in 2018 can be expected to gain up to 0.5%, reaching some 227.5 KMT, reports UkrAgroConsult.

Detailed analysis of the latest trends in oilseeds/vegoils/meals exports, palm oil imports, supply and demand balances with breakdown by crop as well as crop conditions and progress in planting/harvesting in the countries of Black Sea Region is available to subscribers for weekly market report "Black Sea Vegoils" by UkrAgroConsult.

Further prospects of the Black Sea oilseeds/vegoils market will be discussed at the VI International Conference “Black Sea Oil Trade”, which will take place on September 20, 2018 in Hilton hotel, Kiev, Ukraine.

In 2017 International Conference «Black Sea Oil Trade» attracted 250 delegates from 25 countries and 150 companies. Conference participants are usually represented by producers and crushers of oilseeds, traders, enterprises for deep processing of vegetable oils, investment companies, banks, law, shipping, brokerage, insurance and surveyor companies.

 

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