Russia: sunflower oil production in the season-2011/12 to exceed 3 mln tonnes – forecast




According to the forecast made by Vladimir Petrichenko, Head of ProZerno Ltd., announced at the conference "Fat-and-Oil Industry - 2011" in Kiev, in 2011/12 MY sunflower oil production in the Russian Federation will total 3.1 mln tonnes.

Sunflower oil export volumes were forecasted at the level of 850 thsd tonnes, rapeseed oil - 160 thsd tonnes, soybean oil - 180 thsd tonnes.

According to the expert, in 2011 the general production of sunflower in Russia will total 8.78 mln tonnes, rapeseed - 1.025 mln tonnes, soybean - 1.63 mln tonnes.

In the season-2011/12, the country may export 500 thsd tonnes of sunflower seeds, 140 thsd tonnes of rapeseed and 30 thsd tonnes of soybeans.