Argentina may significantly increase exports of soybean and sunflower oils in April

Published 2021년 4월 15일

Tridge summary

Argentina is set to increase its soybean and sunflower oil exports in April, as predicted by Oil World. The country will see a significant rise in soybean oil shipments to India, China, Egypt, and Peru. Additionally, Argentina is expected to start exporting sunflower oil to Iran and may increase its supply to China and India. The total volume of soybean and sunflower oil exports is projected to reach 780 thousand tons in April, an increase from 540 thousand tons in the previous month and 641 thousand tons in April of the previous year.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to forecasts by Oil World (Germany), in April of this year. Argentina will continue to increase its soybean oil exports, as well as significantly increase shipments of sunflower oil. In particular, analysts predict an increase in soybean oil shipments to India - up to 265 thousand tons against 180 thousand tons in March and 203 thousand tons in April last year, as well as to China - up to 110 (75; 46) thousand tons, Egypt - up to 100 (30; 123) thousand tons and Peru - up to 46 (17; 49) thousand tons. The export of sunflower oil this month Argentina can significantly increase to Iran - up to 42 thousand tons, while in the previous month the product was not shipped in this direction, and in April last year it was only 3 thousand tons. Also, the supply of the product to China can be increased - up to 22 thousand tons against 15 ...
Source: Oilworld

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