Kernel oilseeds processing up 1.5x in Q1 FY2020
In Q1 FY2020, Kernel's oil extraction plants processed 629 thou. t of oilseeds, up 50% y-o-y.
"It reflected the good supply of stock on the market at the end of the sunflower seed processing season (July-September) following the record harvest of sunflower seeds in autumn 2018," the company's report reads.
Of the indicated volume, 624 thou. t are sunflower seeds and 5 thou. t — soybeans.
Sunflower oil sales volumes in Q1 FY2020 totalled 301 thou. t, a 26% decrease y-o-y. Bottled sunflower oil sales constituted 8.4% of total sales volumes.
Previously reported that Kernel crushing plants are among the key producers of unrefined sunflower oil in 2018/19.
Read also
Growing demand for corn in Vietnam points to increased imports
BLACK SEA GRAIN. KYIV conference brought together grain market participants and ex...
Argentina bug invasion knocks $1.3 billion off corn crop
Growth of corn prices in Ukraine limits the fall in world prices
Argentine farmers call for ‘urgent’ end to wheat export taxes
Write to us
Our manager will contact you soon