February sunflower seed processing was the lowest in 2022/23 MY in Ukraine




According to preliminary estimates of APK-Inform Agency, in February 2022/23 MY, Ukraine processed about 916 thsd tonnes of sunflower seeds, which almost corresponds to the level of the previous month (+2%). Still, at the same time, it is the second-lowest monthly volume in the current season (in January).

The main reason for the low processing rate was a complicated "grain corridor" operation, an active offer of Ukrainian sunflower on the export market, and a downward price trend and a decrease in demand on the export market of sunflower oil.

In the first half of the 2022/23 season, the volume of sunflower seeds processing in Ukraine was the lowest over the last 8 seasons – only about 6.5 mln tonnes.

At the same time, sunflower seeds export from Ukraine reached a new historical maximum, amounting to 1.54 mln tonnes since the beginning of 2022/23 MY (September-February).