Ukraine. Sunseed crushing fell to a season low in July

05.09.2018

In July 2017/18, sunflower oil production by Ukrainian large and medium-sized crushers fell to a season low of 198.6 KMT. Moreover, this was the lowest July figure in five seasons, reports UkrAgroConsult.

This season’s output of sunflower oil is still close to a record high. However, as sunseed crushing plummeted towards the end of the season, it became 15.3% behind last year against 11% a month earlier. So, sunflower oil production in September-July 2017/18 slumped to 4530.4 KMT against 5349.4 KMT a year ago.

According to UkrAgroConsult’s forecasts, 5.6 MMT of sunflower oil (incl. small facilities) will be produced in the 2017/18 season.

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.

Further prospects of the Black Sea oilseeds/vegoils market 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. Delegates from 20 countries have already registered for participation in the International Conference «Black Sea Oil Trade». 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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