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22 May 2018

News

02.02.2018

The demand for sunflower meal increased in China

For the last week, as of January 31, the export value of sunflower meal on the terms of FOB deepwater ports delivery increased by almost 9% compared to last week. Most market operators pronounce the prices at the level of USD 180-190/mt.

«Among the key factors of price growth, it is worth noting the rising price trends on the world stage and the growth of demand from the side of importers, in particular China», - comments Olga Kharabar, Analyst of agricultural markets of UCAB. According to preliminary data, in December 2017, exports of Ukrainian sunflower meal to China amounted to 4.3 thous. tons. The pace of shipments to the Celestial Empire continues to grow, as evidenced by the data of market operators. In the period from January 1 to January 9, 2018, Ukraine exported about 3.5 thous. tons of meal in this direction.

Recall that on January 8, 2018, the General Administration of Quality Supervision, Inspection and Quarantine of the People's Republic of China (AQSIQ) updated the list of approved exporters of sunflower meal from Ukraine to the People's Republic of China. The list includes 7 enterprises from different regions of Ukraine, in particular: Creative Group, Odessa Butter Plant, the Ukrainian Southern Agrarian Group, Protein-Production, Delta Wilmar, the Melitopol Oil Extraction Plant and the Pridneprovsk Oil Extraction Plant.

 




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