Ukraine. Kernel planning to crush 10% more sunseed
The Kernel agri holding intends to boost sunseed crushing to 3 MMT in FY 2017 (July-June) that is 10% more than last year. It is worth noting that the holding processed 2.685 MMT of sunseed in 2016 that, in turn, was up 6% from FY 2015. Kernel expects margin at $70-80 per each metric ton of sold sunoil.
UkrAgroConsult notes that Kernel is the world’s largest sunoil producer and exporter, a major supplier of Black Sea agricultural produce to international markets. In FY 2016, its bulk and bottled sunoil sales totaled 983.9 KMT and 93.38 Ml liters, respectively.
Further prospects of the Black Sea oilseeds/vegoils market 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.