Russia increased the export of sunflower oil by more than 16% since the beginning of the year
Russia
Published Sep 13, 2022
Tridge summary
From January 1 to August 14, 2022, Russia exported agricultural products worth $21.8 billion, which is almost 18% more than in the same period last year, a source familiar with the materials of the Ministry of Agriculture of the Russian Federation told Interfax.
Original content
It is noted that since the beginning of the year, traders have significantly increased the volume of exports of oilseeds and processed products: in particular, in the reporting period, the sale of flax seeds to foreign markets increased by 2.2 times, sunflower seeds - by 6.4 times, rapeseed - by 1, 5 times, sunflower oil - by 17.4%, rapeseed oil - by 22.4%, soybean oil - by 7.9%, margarine - 2.3 times, cake - by 16.3%. However, the shipment of soybeans abroad decreased by 2.4 times. The materials of the department also speak of a decrease in imports of soybeans, sunflower and palm oil - by 16.9%, 17.7% and 34.1%, respectively. At the same time, there is an increase in average contract prices for some types of products. Most of all for wheat (by 53%) and palm oil (by 44.7%). Recall that last year, according to the federal ...
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