MARKET DEVELOPMENT
Ukraine Reduced Purchases of Palm Oil to A Minimum
Ukraine Reduced Purchases of Palm Oil to A Minimum
02/10/2015 (UkrAgroConsult) - In the 2014/15 season Ukraine reduced the volume of palm oil foreign trade to a minimum. So, according to the results of the season, the import of palm oil and its fractions to the country reached 145.7 KMT, while exports - 1.2 KMT. Both figures are record low for Ukraine.
Imports dropped due to decrease in margarine production, which, in turn, was influenced by low domestic and export demand.
Imports dropped due to decrease in margarine production, which, in turn, was influenced by low domestic and export demand.