Ukraine: possible imposition of sun oil export duties to cause losses for agrarians
The losses of Ukrainian agrarians will total 1 bln UAH due to the possible future introduction of the crude sun oil export duties, declared Ukrainian Agrarian Confederation on May 14, 2014.
The experts stated along with the duties' introduction, the oil extraction plants will add the duty's costs to the purchasing prices for sunflower seed. At the same time, the analysts of the Confederation mentioned that the Ukrainian crude and refined oil exports will be stable, owing the foreign market of bottled oil is rather limited for Ukraine (CIS – 47%, Belarus – 27%, the EU – 20%). Thus, in 2013 Ukraine exported 170 thsd tonnes of bottled oil only. Note, that the total exports totaled 3.2 mln tonnes.
You should be authorized to post comment
Ukraine planted spring grains and pulses throughout nearly 7 mln ha - Ministry of Agrarian Policy
May 26, 18:10
In 2016, capital investments in the Ukrainian agro-industrial complex increased - Ministry of Agrarian Policy
May 26, 17:45
Ukrainian Sea Ports Authority and China Harbour Engineering Company LTD signed a contract for dredging works in the port Yuzhny
May 26, 14:30
In May, the Ukrainian seaports shipped over 16 mln tonnes of grains - Ukrainian Sea Ports Authority
May 26, 12:50
Grain&Maritime Days 2017 started working in Odessa
May 25, 14:30