In 2017/18 MY, Russia exported 2.2 mln tonnes of sunflower oil — APK-Inform

Source

APK-Inform

820

According to estimations of APK-Inform Agency, in 2017/18 MY the production volumes of sunflower oil in Russia totaled 4.5 mln tonnes, which allowed the country to keep the export rates of the product at the previous season level. APK-Inform experts estimated the export volumes of sunflower oil from Russia last season at 2.2 mln tonnes, an increase of 1% compared with the results of 2016/17 MY (2.18 mln tonnes).

Last season, Egypt was the leader among all countries-importers of the Russian product, which significantly reduced the purchases of sunflower oil from Ukraine, but increased the import volumes from Russia. If in 2016/17 MY the exports of the Russian products to Egypt totaled 317 thsd tonnes, then for the first 9 months of the season-2017/18 (September-May) the figures managed to grow to 341 thsd tonnes.

In addition, in 2017/18 MY Russia supplied significant volumes of sunflower oil to Turkey, although the volumes were smaller compared with the previous season. If in 2016/17 MY Russia shipped 543 thsd tonnes of sunflower oil to Turkey, then for 9 months of 2017/18 MY the figures totaled 325 thsd tonnes only.

Also, Iran, China, Uzbekistan and Saudi Arabia demonstrated rather good demand rates for Russian sunflower oil.

Advertising

Enter