Головна Market News Since the beginning of MY 2016/17, Ukrainian enterprises have produced about 2.5...

Since the beginning of MY 2016/17, Ukrainian enterprises have produced about 2.5 MMT of raw sunflower oil

According to ProAgro, in January 2017 Ukrainian enterprises processed 1.13 KMT of sunflower seeds. In comparison to the indicators of the same period of the last year, the figures showed an increase of more than 59%, which was facilitated by the record sunflower harvest in 2016 and active demand for processed products such as sunflower oil for export.

Although January 2017 was characterized by a certain decrease in the oilseed processing volumes in comparison to the results of December 2016, however, this was mainly due to a long period of winter holidays. In general, during September-January MY 2016/17, the volume of sunflower processing reached 5.84 MMT (+45.80% versus September-January MY 2015/16) and the output of crude oil was estimated at  2.48 MMT (+ 45.56% versus September-January MY 2015/16).

Kernel continues to hold the leading position among Ukrainian sunflower processors with 22.5% of the total output of crude sunflower oil produced during September-January MY 2016/17. Kernel also accounts for 20.3% of the output of refined oil and 53.3% of packaged sunflower oil. TOP-3 list of the largest enterprises of the industry also includes ViOil and Optimus Agro.

Ukraine: production of unrefined sunflower oil, MY 2016/17 (September-January)

Company

%

Kernel

22,46%

ViOil

7,43%

Optimus Agro

6,35%

MHP

5,67%

Creative

5,34%

Stevedoring Investment Co

5,30%

Allseeds

4,41%

Delta Vilmar CIS

4,07%

Cargill

3,91%

Bunge Ukraine

3,74%

Satellite

3,37%

Other

27,96%

Total

100,00%

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