Soybean oil production down 30% in February

Soybean oil production by crushing plants in Ukraine dropped to 50.8 thou. t in January-February 2020. Pursuant to the data of the State Statistics Service of Ukraine, this indicator is 4.6% lower YoY.

In February of the current year, soybean oil production reached 20.3 thou. t, 27.5% lower from the February 2019 output.

As a reminder, unrefined sunflower oil production by crushing facilities in Ukraine in the first two months of 2020 amounted to 1.1 mln t, 15.7% higher from the previous year's relevant indicator.