In 2016/17 MY, the share of sunflower oil in the export container shipments of vegetable oils from Ukraine increased to 90%, as opposed to 67% in the previous season, reported the Associate partner at Global Ocean Link, Pavel Mirzak at the conference "Fat-and-Oil Industry - 2017" on October 26, in Kyiv, Ukraine.
At the same time, in the reporting season the share of vegetable oils shipments in flexitanks totaled 73%, and bottled oil - 27%. Traditionally, the export trading of soybean oil was mainly realized in flexitanks, which share in 2016/17 MY increased to 89.06%, as opposed to 60% in the previous season. The shares of sunflower and rapeseed oils totaled 4.5% (5%) and 16.42% (13%) respectively, added the expert.
Also, he noted that to date the exports of Ukrainian sunflower meal in containers demonstrate rather weak but prospective trend, which totals only 2.5% of the general exports. According to P.Mirzak, the situation was mainly related to trade with India, which at the end of 2015 canceled all restrictions related to the imports of sunflower meal, and became the important destination of sales for Ukrainian companies-exporters before large-scale exporters started increasing bulk shipments of the product. As a result, Thailand, Malaysia, Indonesia and Vietnam became the main sales markets for Ukrainian sunflower meal in containers.
To date, overloading on the railway transportation system in Ukraine and, as a result of the longer delivery period, overloaded vessels, high freight rates, as well as the cases of goods theft from containers on its way to the seaport, and fraud of freight forwarders, are the key issues in development of the container exports of agricultural products, said the expert.
You can receive more detailed information about the key points of "Fat-and-Oil Industry - 2017" from the news line of the conference.
