25 May 2021, 10:04, Oilseeds

Unrefined sunflowerseed oil outturn in Ukraine scaled down by 20% in Jan-Apr

High Price Suppresses Demand: What Are Sunflower Oil Price Perspectives?

In the period January-April 2021, crushing plants in Ukraine produced 1.77 mln t of unrefined sunflower oil, the State Statistics Service figures show.

Crude sunoil production in the reporting period is 20.6% lower YoY. In April, unrefined sunflower oil outturn made up 386 thou. t, 27.9% lower YoY.

Statistics show that unrefined sunflower oil stocks at processing enterprises as of the end of April amounted to 131.19 thou. t, 18% or 19.97 thou. t more from April 2020.

Learn more: TOP 10 Unrefined Sunflower Oil Producers 2019/20 in Ukraine

Sunflower production 2020 in Ukraine was finalized at 13.1 mln t on 6.4 mln ha, the average yield stood at 2.06 t/ha.

As per statistical data, sunseeds stocks in Ukraine as of May 1 were 38% lower YoY. The Ukroilprom Association reported that sunflower oil export from Ukraine as of May 1 made 72.6% of agreed in MoU volume.

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