In 2014 Turkey to increase sunflower seed imports to 1 mln tonnes – expert
In 2014 calender year Turkey will import nearly 1 mln tonnes of sunflower seed, compared with 0.8 mln tonnes in the previous year, due to reduction of the domestic oilseed production in the country, and increasing of capacities of the Turkish crushing plants, declared Murat Tekkok, Oil and Oilseed Trader & Crush Manager of the company Bunge Turkey, on May 13 in Istanbul during his speech at the conference “VegOils Trade Outlook- 2014”.
Also, he noted that in 2013/14 MY the volume of sunflower seed production in the EU and countries of the Black Sea region is expected to reduce by nearly 1.5 mln tonnes compared with the previous season - to 30 mln tonnes.
At the same time, the reporting index still remains as one of the historically highest for the region during several recent seasons. The main origins will be again Moldovia, Bulgaria and Romania rather than Russia and Ukraine, the expert added.
In addition, M.Tekkok noted that in the current year Turkey will import nearly 0.7 mln tonnes of sunflower oil. At the same time, Russia will be the major supplier of the commodity, not Ukraine, which will be caused by possible increasing of the Ukrainian sun oil supplies to the EU market, said the expert.
You should be authorized to post comment
On September 23, Russia to zero down the export duties on wheat
September 23, 11:10
Russia harvested over 107 mln tonnes of grains - Ministry of Agriculture
September 23, 10:25
On September 22, Crimean exchange purchased nearly 5 thsd tonnes of wheat to the intervention fund
September 22, 15:10
On September 21, Russia purchased over 83 thsd tonnes of grains to the intervention fund
September 21, 13:20
In 2015/16 MY, Russia broke a new record in flaxseed exports
September 21, 12:35
In January-July, Russia exported 15.5 mln tonnes of cereal crops - Rosstat
September 21, 09:35