MARKET DEVELOPMENT
Ukraine. January Palm Oil Imports at A 2016/17 Low
Ukraine. January Palm Oil Imports at A 2016/17 Low
17/02/2017 (UkrAgroConsult) - In January 2017, Ukraine imported the smallest monthly amount of palm oil since the beginning of 2016/17: 11.6 KMT against 20.1 KMT in December 2016 and 18 KMT in January 2016, reports UkrAgroConsult. Overall this season’s palm oil imports (September-January) still run higher than a year ago: 86.2 KMT against 79.4 KMT in September-January 2015/16 (up 8.6%).
Indonesia continues taking on the Ukrainian palm oil market this season. So, this country’s share in palm oil imports has expanded to 84.1%. Respectively, Malaysia’s market share has shrunk to 14.8%. Besides, Ukraine imports minor amounts of palm oil from Sweden, Russia, Belgium, the Netherlands and Italy.
Further prospects of the Black Sea oilseeds/vegoils market will be discussed at the V International Conference “Black Sea Oil Trade”, which will take place on September 19, 2017 in Hilton hotel, Kiev, Ukraine.
Indonesia continues taking on the Ukrainian palm oil market this season. So, this country’s share in palm oil imports has expanded to 84.1%. Respectively, Malaysia’s market share has shrunk to 14.8%. Besides, Ukraine imports minor amounts of palm oil from Sweden, Russia, Belgium, the Netherlands and Italy.
Further prospects of the Black Sea oilseeds/vegoils market will be discussed at the V International Conference “Black Sea Oil Trade”, which will take place on September 19, 2017 in Hilton hotel, Kiev, Ukraine.