MARKET DEVELOPMENT
Russia Imported Almost 800 KMT of Palm Oil
Russia Imported Almost 800 KMT of Palm Oil
08/10/2015 (UkrAgroConsult) - Imports of palm oil in Russia in 2014/15 season exceeded our expectations by 31 KMT and amounted to 781 KMT, which is an all-time record high level for this country.
The imports keep increasing due to a large domestic demand, triggered by so-called "antisanctions" along with an increase of a price spread between sunoil and palm oil.
The imports keep increasing due to a large domestic demand, triggered by so-called "antisanctions" along with an increase of a price spread between sunoil and palm oil.