Sunflower oil production up 20 pct in Jan-July

In January-July 2019, Ukrainian processing enterprises produced 3.25 mln t of unrefined sunflower oil, 17.3% higher from the corresponding period in 2018.

The State Statistics Service of Ukraine reports that in July production of this product amounted to 320 thou. t, 61.2% higher from the comparative period of 2018, although 23.9% lower from June of the current year.

Vegetable oil production in Ukraine (click for full resolution)

The State Statistics also specified that margarine and edible fats production volume over seven months reached 80.4 thou. t, 0.6% higher from the relevant indicator last year. In July, 11.6 thou. t of these products were produced in Ukraine, 5.2% lower from the comparative period of 2018, yet 10.4% higher from June.

Earlier it was reported that India considered imposing an extra 5% tax on vegetable oil imports within weeks and using the revenue to help boost the country’s stagnating oilseed production.

To learn more about agribusiness in Ukraine, follow us on Facebook, on our channel in Telegram, and subscribe to our newsletter.

Completed withDisqus