In August 2017/18, sunflower oil production by Ukrainian large and medium-sized crushers fell to a season low of 83.6 KMT. The reason was a decrease in sunseed stocks towards the end of the season, reports UkrAgroConsult.
However, according to official statistics, large and medium-sized plants made 4614 KMT of sunflower oil for the whole of 2017/18. Although down 13.7% from the 2016/17 season, this volume is still close to a record high.
According to UkrAgroConsult estimates, Ukrainian crushers, including small ones, produced 5.6 MMT of sunflower oil in the 2017/18 season.
As the new 2018/19 season is going to see a bumper sunseed crop, sunflower oil output is expected to hit a new high.
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.
If you need fast and reliable analytical tool, historical and current market data, daily updates on grain, oilseed and pulses markets, try out a new innovative tool for agri market participants – AgriSupp.com. We offer 2-week trial! Completely free!
