Ukraine. Sunoil production decreased 10%, while rapeseed oil production rose 23%

16.05.2018

Sunflower oil. This season’s pace of sunoil production in Ukraine is somewhat slower than a year ago, reports UkrAgroConsult. So, large and medium-sized crushers produced 417.1 KMT of sunoil in March 2018, i.e. 2.5% less than in the previous month (427.8 KMT) and down 19.3% from March 2017 (516.9 KMT).

In general, sunseed crushing stays at a high level this season, but September-March 2017/18 sunoil output was down 10.2% from last marketing year, which was the most successful one, at 3092.4 KMT versus 3442.6 KMT in September-March 2016/17.

Rapeseed oil. Rapeseed oil production fell to 0.229 KMT in March 2018, down 71% from February 2018 and down 84% from March 2017 (1.417 KMT). 

The first nine months of the current marketing year 2017/18 saw a 23% year-on-year rise in production. So, crushers produced 81.2 KMT of rape oil in July-March 2017/18 against 65.8 KMT in the same period last season. As a reminder, this resulted from active rapeseed processing in August-October 2017. Rape oil production declined dramatically in the following five months of the season, to at most 1 KMT a month. However, rape oil output in July-March 2017/18 is still higher than in the whole of MY 2016/17 (66.7 KMT).

Further prospects of vegetable oil production in the countries of Black Sea region in the 2018/19 season will be discussed at the VI International Conference “Black Sea Oil Trade”, which will take place on September 20, 2018 in Hilton hotel, Kiev, Ukraine.

Annual International Conference “Black Sea Oil Trade” – is an effective platform for networking with oilseed industry operators and discussion of the latest drivers in oilseed and vegoil sector of Ukraine and Black Sea region.

In 2017 International Conference «Black Sea Oil Trade» attracted 250 delegates from 25 countries and 150 companies. Conference participants are usually represented by producers and crushers of oilseeds, traders, enterprises for deep processing of vegetable oils, investment companies, banks, law, shipping, brokerage, insurance and surveyor companies.

 

UkrAgroConsult

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