Ukraine. January production of soybean oil reached record in the current season

24.03.2017

In January 2017 average and medium sized Ukrainian enterprises increased soybean oil production to 15.8 KMT, which was the highest volume since the beginning of the season, UkrAgroConsult notes.

During 2016/17 MY (September-January) Ukraine produced 65.3 KMT of soybean oil and against 71.6 KMT produced over the same period in 2015/16. Due to record high January production, current pace is 9% behind last season`s volume (-6.3 KMT) against 16% (-9.5 KMT) observed in the previous month.

Despite the fact that soybean crush still lags behind last season, there is a stable market demand not only from the traders, but also from the soybean crushers.

 

UkrAgroConsult

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