Ukraine. Sunflower meal will be in demand from end consumers in MY 2018/19
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Ukraine. Sunflower meal will be in demand from end consumers in MY 2018/19

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Consulting Agency UkrAgroConsult

UkrAgroConsult

Svetlana Kupreeva oilseed and vegoil market analyst at "UkrAgroConsult"

The sunflower seed market is gaining pace in the new 2018/19 season. The harvest is drawing to an end, confirming forecasts of some market participants and adjusting others’ vision of further developments.

At the moment, the forecasts for the 2018/19 season look quite optimistic and stable. Expectations of record sunflower seed production (UkrAgroConsult estimates it at 15.4-15.5 MMT) will also lead to new highs in crushing, exports of sunflower oil (+13.2% from MY 2017/18) and sunflower meal (+17% from MY 2018/19).

At the same time, the 2018/19 results will to some degree be influenced by world prices for vegetable oils and meals, specifically by a competitive advantage of soybean oil over sunflower oil and an opposite situation in meal trade.

Full version of the article is available to subscribers for weekly market report “Black Sea Vegoils” by UkrAgroConsult.

Analytical report "Black Sea Vegoils" contains 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.

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UkrAgroConsult

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