Russian, Ukrainian Sunflower Oil Export Forecast Increased: APK-Inform
APK-Inform Information Agency -- August 5, 2009 -- According to the renewed estimations of APK-Inform, in the current season the general potential of sunflower oil exports from Ukraine and Russia totals 2.75 mln tonnes (previous estimation - 2.58 mln tonnes), an increase of 66% compared to the indices of the previous season. Export volumes of the product from Russia are forecasted at the level of 750 thsd tonnes (600 thsd tonnes - the previous estimation), from Ukraine - 2 mln tonnes (1.97 mln tonnes).PAID ADVERTISEMENT
According to the renewed forecasts, export potential of sunflower oil from Russia in 2009/10 MY totals 425 thsd tonnes (450 thsd tonnes - the previous forecast), from Ukraine - 1.92 mln tonnes (1.8 mln tonnes). The expected reduction of sunflower seed production in these countries became the main reason of the decrease of sunflower oil export potential compared to 2008/09 MY.
The issue of development of the Black Sea market of sunflower oil will become one of the main themes during the international conference "Oilseed & Oils 2009", taking place on October 12-14, 2009, in Istanbul. Leaders of Russian and Ukrainian fat-and-oil market have already confirmed own participation in the conference: EFKO, Yug Rusi, Alsseeds Company, Creative, Neshinskiy fat complex, Ramburz-Trigon and etc.
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The above information can be used only with a clear reference to APK-Inform Information Agency, in electronic informational products - with a hyperlink to www.agrimarket.info
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