Ukraine’s large and medium-sized crushers produced 17.5 KMT of margarine in October 2018, i.e. 9.8% less than in the previous month (19.4 KMT) and 23% less than in October 2017 (22.7 KMT).
Margarine production in January-October 2018 was down 3.4% year-on-year against a 0.6% delay reported a month earlier.
The seasonal rise in output indicators is observed this year, but it does not look so significant as a year ago. Taking this fact into account, UkrAgroConsult reduces its forecast for this year’s total margarine production to 210-215 KMT.
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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