Ukraine. Margarine production down 4% from last year


Ukraine’s large and medium-sized crushers produced 20.2 KMT of margarine in November 2018, i.e. 15.4% more than in the previous month (17.5 KMT), but 9% less than in November 2017 (22.2 KMT).

Margarine production posted a 4% year-on-year decrease in January-November 2018 compared with a 3.4% decrease in January-October, reports UkrAgroConsult.

As a reminder, the current marketing year also witnesses a seasonal rise in output indicators, but it does not look so significant as a year ago. Taking the above into account, UkrAgroConsult estimates that this year’s total margarine production will fall to 210-215 KMT, though staying above minimum due to foreign demand.

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.

If you need fast and reliable analytical tool, historical and current market data, daily updates on grain, oilseed and pulses markets, try out a new innovative tool for agri market participants – We offer 2-week trial! Completely free!





Readers choice: TOP-5 articles of the month by UkrAgroConsult