In 2015/16 MY, Ukraine to increase exports of sunflower meal / cake to the EU

Source

APK-Inform

809

In terms of the current forecasts on reduction of rapeseed production in the EU in the season-2015/16, it should be noted that the demand for Ukrainian oilseeds and its by-products will significantly increase, due to some logistics advantages for the EU.

At the same time, the EU is likely to increase the import volumes of sunflower by-products – sun meal / cake. The importer will not increase purchasing of Ukrainian rapeseed meal / cake, due to the low production volumes of the commodity.

It should be noted that the bid price level for rapeseed products in Ukraine on DAP terms towards the EU countries, is less attractive compared with the FOB terms (price gap totals nearly 20 USD/t).

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