In the new season, Ukraine will remain the leader in production and exports of sunflower oil on the global market, declared the Head of the informational division at APK-Inform Agency, Irina Ozip on June 21 at the 2nd American-Ukrainian Agrarian Congress in Washington, DC.
To date, Ukraine provides over one third of the general global production of sunflower oil, will keep its leadership in the new season. According to APK-Inform forecasts, in 2016/17 MY sunflower oil production in Ukraine will break a record and total 5.3 mln tonnes, up 11% compared with 2015/16 MY (4.8 mln tonnes), said the expert.
Also, she reminded that Ukraine provides nearly 57% of the global trading of the reporting product.
According to APK-Inform estimations, in 2016/17 MY sunflower oil exports from Ukraine will also reach record results - 4.8 mln tonnes, against 4.3 mln tonnes expected in the current season, explained I.Ozip.
You can become acquainted with the main events of the 2nd American-Ukrainian Agrarian Congress from the latest news at our website.