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 2.8 mln ha
April 21, 17:00
Ukraine: foreign trade deficit in goods lowered - State Statistics Service
April 21, 15:30
Ukraine: average selling prices of agricultural products increased - State Statistics Service
April 21, 15:00
In 2016/17 MY, Ukraine to break a record in grain exports - Ministry of Agrarian Policy
April 21, 12:00
Ukraine exported over 35 mln tonnes of grains - Ministry of Agrarian Policy
April 20, 17:00
Ukraine: current frosts are safe for winter crop areas - T.Adamenko
April 20, 16:20