Ukraine boosts sunflower oil shipments to Iran


Ukrainian sunoil exports amounted to 250 KMT in September 2016, reports UkrAgroConsult. By contrast, 258 KMT of sunoil was exported in August 2016 and 164 KMT in September 2015. Although the first month of the new season of 2016/17 did not show the best performance against past years, Ukraine is expected to increase its total sunoil export volume to a record 5170 KMT this marketing year.

The sunoil export destinations include more than 60 countries. In September 2016/17, India became again the top importer of this product, with a market share of 30%, while deliveries to EU countries shrank to 13%. China still absorbs over 10% of Ukrainian exports. In addition, September saw intensification of shipments to Iran, which reached 9% of total sunoil exports from Ukraine.

More information on oilseed/vegoils market trends in the countries of Black Sea Region is available to subscribers for weekly market report "Black Sea Vegoils + CIS" by UkrAgroConsult.



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