October unrefined vegetable oil output in Ukraine 5% below last year's
In October, unrefined vegetable oil production in Ukraine dropped 5% YoY, UkrAgroConsult reports.
Vegetable oils production by oilseed crushing plants in Ukraine as compared to October 2020 output:
- sunflowerseed oil ▼6%
- soybean oil ▲42%
- rapeseed oil ▲58%
Refined vegetable oil outturn in October was 9% lower YoY.
"Crude sunflowerseed oil production since the start of 2021/22 has dropped by 13% YoY, refined by 19%. Soybean oil production is so far 17% above last year's, rapeseed oil by 54%," UkrAgroConsult analysts add.
The USDA in its November report projects sunflowerseed oil production in Ukraine in 2021/22 at 7.117 mln t.
RELATED: Sunflowerseeds Processing in Ukraine. Market Leaders Have the Final Say
World's largest sunflowerseed oil producer and exporter, the company Kernel, plans to process 3.8 mln t of sunflowerseeds in its FY2022.
Sunoil production in Ukraine is projected by Ukroilprom to boost by more than 24% in the current season.
Crude sunflower oil production in Ukraine in 2020/21 totalled 4.7 mln t. Refined sunflower oil output by crushers in Ukraine made up 745.3 thou. t.
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