Ukraine to export up to 1.5 mln tonnes of sunflower oil in May-August




Ukraine will export nearly 1.5 mln tonnes of sunflower oil in May-August, the Association Ukroliyaprom forecasts.

According to the Memorandum on mutual understanding signed by the Ministry for Development of Economy, Trade and Agriculture of Ukraine and market participants on May 19, the limit volume of sunflower oil export from Ukraine is set at 5.38 mln tonnes for 2020/21 MY.

“State Customs Service says Ukraine has exported 3.914 mln tonnes of sunflower oil as of May 1. Thus, it will ship up to 1.466 mln tonnes of the product in May-August”, - Ukroliyaprom says.