The FINANCIAL — In 2014/15 MY, there is expected some reduction of the export supplies of sunflower seed by-products from Ukraine on foreign markets. According to APK-Inform analysts, in the current season the export volumes of Ukrainian sunflower oil will reach 3.9 mln tonnes (down 6% compared with 2013/14 MY), sunflower meal/cake and husks – 3.5 mln tonnes (down 3%).
Reduction of the processing volumes of sunflower seed, due to lowering of the oilseed harvest volumes in Ukraine in 2014 by 8% compared with the previous year, became the main reason for decreasing of the export volumes of sunflower by-products, said Anna Burka, oilseed market analyst at the Agency.
As a reminder, in July-September of 2014/15 MY Ukraine exported 3.6 mln tonnes of sunflower oil, as opposed to 3.8 mln tonnes in the same period of the previous season. India (40%), China (11%), Iran (7%) and Turkey (5%) became the largest importers of the reporting products, according to APK Inform.
Since the beginning of 2014/15 MY, the export volumes of sunflower meal, cake and husks reached 3.3 mln tonnes, a decrease of 5% compared with the corresponding index last MY. In September-July, France (19%), Belarus (16%) and Poland (14%) were the main buyers of the Ukrainian commodities.