Vegetable oils export from Ukraine surged 17% in 2019/20
Vegetable oils export from Ukraine in the 2019/20(September-August) season is estimated at USD 5.28 bln, 16.9% higher from the prior season, the Ukroilprom Association reports.
The total volume of vegoils shipment in the reporting period stood at 7.2 mln t:
- sunflower oil: 6.684 mln t
- soybean oil: 0.335 mln t
- rapeseed oil: 0.184 mln t
It is noted that sunflower oil export shipment in the period reached a record-high indicator of 6.68 mln t for the amount of USD 4.9 bln, 10.2% and 17% higher, respectively.
Previously the Association informed about the increased demand for Ukrainian refined sunflower oil, including packaged oil, on the world market in the 2019/20 season.