REVENUE FROM EXPORT OF OILSEEDS FROM UKRAINE 10% UP
Export proceeds from the supply of oilseeds from Ukraine in the 2019/2020 marketing year (MY, September-August) increased by 10% and amounted to $ 7.32 billion, CEO of UkrAgroConsult Serhiy Feofilov has said.
“The economy of Ukraine from export of oilseeds in September-August received more than $ 7.3 billion, which is 10% more compared to the previous season. We see an 11% increase in sunflower oil (in terms of export earnings),” he said during the international conference Black Sea Grain & Oil Trade 2020 in Kyiv.
So, according to him, last season Ukraine exported sunflower oil for $ 4.95 billion (6.8 million tonnes against 6.06 million tonnes in the 2018/2019 MY).
The director general of UkrAgroConsult also said that export of grains in the first two months of the season (July-August) is practically at the level of the previous season.
“This shows that despite the consequences of the coronavirus crisis, export continues and develops,” he said.
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