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Tagged: UKRAINE EXPORTS SUNFLOWER OIL WELL WORTH $2.6 BLN IN JAN-JULY 2019
Ukraine shipped 3.8 thousand tonnes of sunflower oil worth $2.6 billion, which is actually 16% greater than the exact same duration in 2018, the Ministry of Agrarian Policy as well as Meals said. Supplies of soybean oil increased through 81% over this period, to 238,000 tonnes, the administrative agency claimed in a news release.
“Today planters have not started collecting sunflower seeds and soybeans as yet, however the projections are rather positive. A decrease in areas under these crops through 4.4% in the scenario of sunflower seeds and 8% in soy beans was actually harmonized through ideal climate condition,” the ministry stated.
As reported, the U.S. Division of Agriculture (USDA) forecasts growth in vegetable oil exports coming from Ukraine through 250,000 tonnes, to 6.3 million tonnes at the cost of sunflower oil in the 2019/20 advertising and marketing year (MY, September-August) whose allotment in overall oil exports might get to 5.85 thousand tonnes (information for August 2019).
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