Argentina will increase sunflower processing in the coming months

Published 2021년 3월 19일

Tridge summary

Expert forecasts predict that Argentina's sunflower oil and meal export offer in March-May could exceed expectations by 30-50 thousand tons due to the resumption of operations at the Vincentin Group's processing plant, which has a daily capacity of 4 thousand tons. This, coupled with an attractive sunflower processing margin and high global prices for sunflower processing products, is stimulating production in Argentina. The country's sunflower processing volume for the 2020/21 season is expected to reach 2.58 million tons, with oil production at 1.1 (1.14) million tons and meal at 1.07 (1.09) million tons.

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

Original content

According to forecasts of experts from Oil World (Germany), the export offer of sunflower oil and meal in Argentina in March-May of this year. may exceed preliminary expectations by 30-50 thousand tons, since during this period the processing plant of the Vincentin Group will resume its work. The daily processing capacity of the oilseed enterprise is 4 thousand tons. In addition, an attractive sunflower processing margin is currently observed in Argentina, as farmers have increased the rate of oilseed sales, which, together with high world prices for sunflower processing products, stimulates production in the country. Note that, according to the March forecast ...

Source: Oilworld