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    Home > Food News > Food Articles > Ukraine's sunflower oil exports are expected to decrease significantly in the rest of 2020/21

    Ukraine's sunflower oil exports are expected to decrease significantly in the rest of 2020/21

    • Last Update: 2021-05-08
    • Source: Internet
    • Author: User
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    Foreign media news on April 28: According to data from the Ukrainian Ministry of Economy, Ukraine's foodmate.
    net/tag_1045.
    html" class="zdbq" title="Sunflower oil related food information" target="_blank">sunflower oil foodmate.
    net/tag_227.
    html" class="zdbq" title="Export-related food information" target="_blank">exports may decrease significantly in the remaining months of foodmate.
    net/tag_1045.
    html" class="zdbq" title="" target="_blank">2020/21 (September to August of the following year) .
     
    The data shows that, as the world's leading exporter of sunflower oil, Ukraine may export 1.
    575 million tons of sunflower oil from May to August, compared with 2.
    149 million tons in the same period last year.
     
    The month with the largest decline is expected to be May, when exports may fall to 400,000 tons, which is lower than the 639,000 tons in the same period last year.
     
    Last week, the Ukrainian government and sunflower oil producers agreed to limit exports of sunflower oil to 5.
    382 million tons in 2020/21, aiming to avoid a surge in domestic prices.
     
      Manufacturers and traders stated that there is no reason to restrict exports.
     
      The Ukrainian economy also proposes to ban the export of sunflower seeds from May 15 to September 30, although the export volume is not high.
     
      Ukraine has too much capacity for crushing sunflower seeds, and exports of sunflower seeds are usually not high.
    foodmate.
    net/tag_1045.
    html" class="zdbq" title="Sunflower oil related food information" target="_blank">Sunflower oil foodmate.
    net/tag_227.
    html" class="zdbq" title="Export-related food information" target="_blank">export
     
      The data shows that, as the world's leading exporter of sunflower oil, Ukraine may export 1.
    575 million tons of sunflower oil from May to August, compared with 2.
    149 million tons in the same period last year.
     
      The month with the largest decline is expected to be May, when exports may fall to 400,000 tons, which is lower than the 639,000 tons in the same period last year.
     
      Last week, the Ukrainian government and sunflower oil producers agreed to limit exports of sunflower oil to 5.
    382 million tons in 2020/21, aiming to avoid a surge in domestic prices.
     
      Manufacturers and traders stated that there is no reason to restrict exports.
     
      The Ukrainian economy also proposes to ban the export of sunflower seeds from May 15 to September 30, although the export volume is not high.
     
      Ukraine has too much capacity for crushing sunflower seeds, and exports of sunflower seeds are usually not high.
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