Ukraine exported 5.2 MMT of sunflower oil

Sunflower oil exports in September-June 2018/19 totaled a record 5199 KMT (up 14.5% year-on-year). The rise in shipments resulted from record production and domestic crush of sunflower seed.

India continues to be the top importer with a market share of 36%. Purchases fell by almost 10%, to 1870.7 KMT against 2072.7 KMT a year earlier, with demand from India remaining firm, reports UkrAgroConsult.

MY 2018/19 witnessed the first-ever shipments of the Ukrainian commodity to Namibia, Uruguay and Dominica.

Growth in exports to the following markets: China (+62%), Iraq (+89%), The Netherlands (+42%).

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Please be reminded that on September 5, UkrAgroConsult will host a major meeting point of the oilseed industry operators – the 7th International Conference “Black Sea Oil Trade-2019” in Hilton, Kyiv, Ukraine.

‘Black Sea Oil Trade’ conference annually brings together key players of the global agribusiness at the start of a new oilseed season. The goal of the conference is to discuss prospects and directions of the Black Sea and global oilseed market development, exchange international contacts, share recommendations for adapting business strategies in the changing market and global trade.

More than 250 delegates from 25+ countries attend the conference annually. Conference participants are represented by producers and crushers of oilseeds, traders, enterprises for deep processing of vegoils, investment companies, banks, legal, shipping, brokerage, insurance, surveyor and other companies.

UkrAgroConsult