Russia exported 32.2 KMT of sunflower meal in July of this 2017/18 season. This is almost 40% less than in the previous month but 32% more than in July 2016/17. This season’s sunflower meal exports (September-July) not only fell by 6% against last year, to 1057.5 KMT vs. 1126.4 KMT a year ago, but also hit the lowest level since the 2011/12 season, reports UkrAgroConsult.
Key importers of Russian sunflower meal, which account for 92% of total exports, reduced purchases in the 2017/18 season. At the same time, the EU and Turkey are still the main export destinations, absorbing 50% and 42%, respectively.
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 is available to subscribers for weekly market report "Black Sea Vegoils" by UkrAgroConsult.
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