Russia increased sunflower oil exports by 35% in two months

Published 2024년 3월 15일

Tridge summary

Sunflower oil exports from Russia have seen a 35% increase in the first two months of this year, reaching 881 thousand tons, as reported by the Fat and Oil Union of Russia. This is a significant rise compared to the same period last year, with February exports slightly surpassing those of January. India has become the largest buyer of Russian sunflower oil, purchasing 309,000 tons, while China's purchases have decreased to 167,100 tons. There has also been a surge in demand in some European countries, including Estonia and Latvia.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In January - February of this year, supplies of Russian sunflower oil abroad increased by 35 percent from the same period last year - to 881 thousand tons. Pol.rf writes about this with reference to data from the Fat and Oil Union of Russia. In specific figures, this is 221 thousand more. In February, exports were slightly higher than in January – 447.8 thousand tons versus 433.6. Over the past year, 367.7 and 292.6 thousand were sold, respectively. That is, the trend towards a decrease in supplies has been replaced by an increase, which indicates an increase in demand for these products. The import structure has also changed. While China was the largest buyer in the first two months of last year, it has now been replaced by India with 309,000 tons. The former leader fell seriously behind, purchasing only 167,100. This is also 21,500 tons lower year on year. Third place went to Egypt, which increased imports over the year from 45.9 to 87.7 thousand tons. Read ...
Source: Rosng

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