Ukraine to be able to cover the needs of Turkey in sunflower oil and meal supplies - APK-Inform




In the case of Turkey's requirements for any additional purchases of Ukrainian sunflower oil and meal, the domestic traders will be able to satisfy them, declared the oilseed market analyst at APK-Inform Agency, Anna Burka, on November 30.

Also, the expert reminded that Ukraine is the largest country-producer and exporter of sunflower oil and meal.

According to forecasts of APK-Inform Agency, in 2015/16 MY Ukraine will export 4.2 mln tonnes of sunflower oil and 3.7 mln tonnes of sunflower meal. At the same time, the USDA estimated that in the current season, Turkey will import nearly 880 thsd tonnes of sunflower oil and 850 thsd tonnes of meal. Thus, Ukraine is able to completely cover all needs of Turkey in the imports of sunflower seed by-products, explained A.Burka.

Also, she informed that in 2014/15 MY Ukraine exported 176.7 thsd tonnes of sunflower oil and 285.5 thsd tonnes of sunflower meal to Turkey.