According to the industrial association Fediol estimates, in April the processing volume of the main oilseeds (soybean, sunflower, and rapeseed) in the EU countries amounted to 3.33 mln tonnes, which is 0.04 mln tonnes lower compared to the previous month, but higher y-o-y (3.17 mln tonnes).
In particular, soybean processing last month totaled 1.23 mln tonnes, which is 4% higher month-on-month (1.19 mln tonnes), but 7% lower y-o-y (1.32 mln tonnes).
At the same time, the EU reduced the volume of rapeseed processing in April by 2% to 1.63 mln tonnes (+20% y-o-y).
As for sunflower seeds, in April, the processing amounted to 477 thsd tonnes (-8% m-o-m, -2% y-o-y).
In general, since the beginning of 2023, oilseeds processing in the EU has reached 13.16 mln tonnes (13 mln tonnes in January-April 2022), including soybeans – 4.66 mln tonnes, rapeseed – 6.55 mln tonnes, sunflower seeds – 1.96 mln tonnes.
More up-to-date information on the EU oilseeds market will be presented during the "VegOil Trade" conference, which will be held on June 8-9 in Rotterdam.
You can find the detailed agenda on the APK-Inform website.
Hurry up to register – fill out the form on our website.