According to the State Fiscal Service of Ukraine, in October 2019 the exports of sunflower oil from the country totaled 565 thsd tonnes, which became the maximum figures for the reporting month. The reporting figures increased by 2.5 times, compared with September 2019, and up 4% compared with October 2018, noted the oilseed market analyst at APK-Inform Agency, Julia Ivanitskaya.
For the first two months of 2019/20 MY (September-October), Ukraine supplied 793 thsd tonnes of sunflower oil on foreign markets, which corresponded to the export results in the same period last season.
As a reminder, in 2018/19 MY Ukraine shipped the record volumes of sunflower oil on foreign markets — 6.053 mln tonnes. The reporting volumes exceeded the exports of the season-2017/18 by 14% (5.33 mln tonnes), and up 3.5% compared with the previous record fixed in 2016/17 MY (5.85 mln tonnes).
According to the forecast of J.Ivanitskaya, in 2019/20 MY the export of sunflower oil from Ukraine can reach a new peak — 6.1 mln tonnes.