Ukraine. Sunoil exports began to dwindle

02.02.2018

Sunoil exports totaled 412 KMT in December of the 2017/18 season, i.e. 9.6% less than in the previous month (456 KMT) and 26% less than in December 2016/17 (557 KMT). 1715 KMT of sunoil was shipped abroad in September -December 2017. This is down 4.6% from a record 1798 KMT exported at the same time last year. The decline in sunseed crushing affects Ukraine’s sunoil export potential this season, reports UkrAgroConsult.

As before, the main end markets for Ukrainian sunoil exports in the new 2017/18 season included India (42% of their total volume), EU countries (30%) and China (15%): they stepped up purchases. Iran reduced imports from Ukraine and therefore yielded to Malaysia (2%) and Iraq (2%).

 

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