Ukrainian rapeseed oil production decreased by half

06.07.2017

In May 2017, rapeseed oil production by Ukraine’s large and medium-sized crushers lowered again to 0.2 KMT, confirming UkrAgroConsult’s forecast about new monthly output lows. The crushers made 5.5 times less rape oil than in May 2016. In general, the situation is predictable, taking into account that crusher rapeseed stocks in early June were still less than half of last year’s volume.

So, Ukraine’s large and medium-sized crushers produced 66.5 KMT of rape oil in the current 2016/17 season (July-May), down 51% from the same period in the record crushing season of 2016/17 (148 KMT).

Further prospects of the world oilseeds/vegoils market will be discussed at the V International Conference “Black Sea Oil Trade”, which will take place on September 19, 2017 in Hilton hotel, Kiev, Ukraine.

Annual International Conference “Black Sea Oil Trade” – is an effective platform, providing oilseed industry operators with vast networking opportunities, exclusive analytics of Ukrainian and Black Sea agri market, insights for development of the long term business strategies.

Conference participants are represented by producers and crushers of oilseeds, traders, enterprises for deep processing of vegetable oils, agriholdings, investment companies, banks, legal, shipping, brokerage, insurance, surveyor companies etc.

Early Bird registration rate is available! Market operators from 10 countries have already registered to take part. 

Follow the updates, Agenda and Speakers at the conference website.

 

UkrAgroConsult

 

Readers choice: TOP-5 articles of the month by UkrAgroConsult