Despite the fall in the price of exports of sunflower oil is growing

2017-04-11 12:14:17
Machine translation
Despite the fall in the price of exports of sunflower oil is growing

In March 2017 Ukraine exported the largest in the history of the number of sunflower oil – 683,47 thousand tons for the sum 514,8 million dollars, which is 59.2% higher than the March 2016 - reports "Ukroliyaprom".

 

In January of this year exports of oil amounted to 465,1 thousand tons and in February – 441,6 thousand tons.

 

In the season 2016/17 MG exports of sunflower oil in comparison with the previous season increased by 29%, and during January-March, it has risen most notably – by 35.8%.

 

the Main exporter of Ukrainian sunflower oil and meal, at the end of the current season, remains the kernel. Its share in total exports of these types of products reaches 21%. The largest consumers of Ukrainian sunflower oil are India and China bought 47% of export volume, as well as Turkey and the EU.

 

the market of sunflower oil under pressure from the oversupply of soybean oil in America. Soybean oil traded in Chicago via 693 $/t, in Brazil at 704,80 $/t in Europe at 737 Euro/ton.

 

the Price of sunflower oil to the EU for may and June deliveries was higher to 780 $/t, while in Ukraine reduced demand she fell to 715-725 $/ton on FOB basis.