Argentina in August significantly reduced the export of sunflower processing products

게시됨 2020년 9월 7일

Tridge 요약

Argentina experienced a significant decrease in sunflower processed product exports in August due to low supply and unprofitable processing margins. Sunflower oil exports fell to 41 thousand tons from 107 thousand tons in July, and sunflower meal exports decreased to 29 thousand tons from 65 thousand tons. The country also halted sunflower oil shipments to China. The decrease in exports is attributed to unfavorable weather conditions, which have limited sunflower sowing to 9.9% of the planned area.

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원본 콘텐츠

09/07/2020 According to OilWorld experts, Argentina significantly reduced the export of sunflower processed products in August this year, which was due to the low volume of supply of these products against the background of a reduction in raw material processing due to an unattractive processing margin. In particular, shipments of Argentine sunflower oil in the reporting month decreased to 41 thousand tons compared to 107 thousand tons exported in July of this year, and 109 thousand tons - in August last year. At the same time, exports to India decreased to 15 thousand tons (-19 thousand tons per month), and shipments of sunflower oil to China were not carried out at all. The export of sunflower meal by Argentina decreased to 29 thousand tons, which is also inferior to the indicator in July of this year. (65 thousand tons) and August 2019 (116 thousand tons). As specified, shipments of the product to the EU, which was the main importer of Argentine meal in July, fell to only 4 ...

출처: Oilbranch