In the struggle for party sunflower processors raise the price
Since the beginning of season 2016/17 MG sunflower oil production In Ukraine in comparison with the similar period of last year increased by 43% and amounted to 2.92 million tons.
According to the Association "Ukroliyaprom", in 2016, the exports of sunflower oil by domestic enterprises reached a record 4.8 million tons, which is 23% higher than the 2015.
the Increase in refining capacity enhances the demand for sunflower, so the second half of the season, expected to intense competition for sales of seed.
this is despite the decline in world prices for Ukrainian oil processors buy seeds at a fixed price, and sometimes even increase it by reducing the margin.
during the week the price of sunflower seed in Ukraine increased by 100-150 UAH/t and currently are:
- EXW-silo 10600-10800 UAH/ton,
- CPT-plant 10800-11150 UAH/ton
- FOB Black sea ports 385-390 $/ton.