Ukraine. Soybean exports may reach a new record

19.08.2016

In June soybean exports from Ukraine reached 236.9 KMT against 170.6 KMT in June 2015. During the current season 2015/16 (September-June) Ukraine supplied 2178.4 KMT of soybean to foreign markets, decreasing the spread lag compared to previous season to 3.7%. Taking into account stable exports during the last four months, according to UkrAgroConsult estimates, it's very likely that the current season will finish with a new record of soybean exports. The largest exports reached 2421.8 KMT in season 2014/15.

ukraune soybean export

Key importers of soybean from Ukraine during all the season remain the same. For example, almost 39% of all exports were supplied to Turkey; more than 24% were shipped to Egypt, 13% - to the EU countries, almost 9% - to Iran. Ukrainian soybean was exported to India, Libya and Latvia for the first time in this season.

Further development of oilseeds/vegoils market in the 2016/17 season will be discussed at the IV International Conference “Black Sea Oil Trade-2016”, September 7, 2016, Kyiv, Ukraine. Organizer - consulting agency UkrAgroConsult.

 

 

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