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Russia exported over 1.5 MMT of sunoil this season

Russia exported over 1.5 MMT of sunoil this season

MOSCOW: In May 2016/17, Russian sunoil exports revived again and totaled 227 KMT, or 53% more than in the previous month (148 KMT) and 65% more than in May 2016 (138 KMT). Despite problems with sunoil supplies to Turkey, overall exports for the season (September-May) still hold at a record 1517.2 KMT, or 38.5% more than at the same time last season, UkrAgroConsult notes. As before, the top importer of Russian sunoil is Turkey (30% of total exports). Apart from this season’s rise in deliveries to major destinations such as Egypt (19%) and Iran (10%), previously minor importers of Russian sunoil (Iraq, Lebanon, Tajikistan, India, Algeria and Afghanistan) also stepped up its purchases. Further prospects of the world oilseeds/vegoils market will be discussed at the V International Conference “Black Sea Oil Trade”, which will take place on September 19, 2017 in Hilton hotel, Kiev, Ukraine.

Annual International Conference “Black Sea Oil Trade” – is an effective platform, providing oilseed industry operators with vast networking opportunities, exclusive analytics of Ukrainian and Black Sea agri market, insights for development of the long term business strategies. Conference participants are represented by producers and crushers of oilseeds, traders, enterprises for deep processing of vegetable oils, agriholdings, investment companies, banks, legal, shipping, brokerage, insurance, surveyor companies etc. Early Bird registration rate is available! Market operators from 10 countries have already registered to take part.