Ukraine. Palm oil imports hit a seven-year high

09.01.2018

Ukraine imported 28.8 KMT of palm oil in November 2017, or 88% more than in the previous month (15.3 KMT) and 51.6% more than in November 2016 (19 KMT).

Palm oil imports to Ukraine hit a seven-year high of some 78 KMT in September-November 2017/18. This is up 43.7% from the same time last season (54.6 KMT), reports UkrAgroConsult.

The range of palm oil importers to Ukraine still undergoes changes seen at the beginning of the season. So, Indonesia further steps up supplies to the Ukrainian market and accounts for 74% of total imports there. Malaysia (6%), on the contrary, reduced commodity shipments and yielded its position to a new player – Honduras (15%).

 

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