The Russian Federation maintains high rates of oilseed processing

Published 2023년 9월 1일

Tridge summary

In July, the processing of sunflower seeds, rapeseed, and soybeans in Russia saw significant growth compared to the previous year, reaching 1.35 million tons, 0.29 million tons, and 0.43 million tons, respectively. The production of vegetable oils also saw a significant increase, with a total of 753 thousand tons produced, including 569 thousand tons of sunflower oil, 106 thousand tons of rapeseed oil, 45 thousand tons of soybean oil, and 3 thousand tons of linseed oil. The increase in production has also stimulated exports, particularly to China, India, and countries in the Middle East and North Africa.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In July this year, the processing of sunflower seeds in the Russian Federation was at a very high level - 1.35 million tons compared to 1 million tons in the same month a year earlier, and the processing of rapeseed and soybeans reached 0.29 (0.18) million tons and 0 .43 (0.36) million tons, respectively, reported in Oil World (Germany). Especially "staggering" experts call the growth in the production of 4 vegetable oils in July - up to 753 thousand tons compared to 545 thousand tons a year earlier. In particular, the production of sunflower oil is estimated at 569 (416) thousand tons, rapeseed oil - 106 (63) thousand tons, soybean - 45 (62) thousand tons and linseed - 3 (4) thousand tons. The increase in the production of processed oilseeds also stimulates their exports, and analysts suggest that this trend will continue in August. Most of the sunflower oil ...

Source: Oilworld