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Ukraine. New season witnessing a new high in rape oil production

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Author:

Consulting Agency

UkrAgroConsult

Rapeseed crushing in Ukraine started falling in September 2018. Consequently, rape oil production totaled just 15.2 KMT that month, or four times less than in August 2018 (63.8 KMT) and 11.6% less than in September 2017.

However, rape oil production in the first three months of the current 2018/19 season reached a record of some 123 KMT against 51.7 KMT in the same period last season. The current marketing year features an active start from the very first month. This was made possible due to an earlier harvest. In addition, some crushers showed interest in rapeseed, processing this feedstock for the first time.

Taking into account the current 2018/19 trends, UkrAgroConsult estimates that rape oil production will amount to at least 150 KMT.

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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