Sunday, July 14, 2013

Russia in the past season has reduced sunflower oil export by 38% - up to 689 thousand tons

Russia in the past season has reduced sunflower oil export by 38% - up to 689 thousand tons
Prime. Russia in the past season (July 2012 - June 2013) exported 689.4 thousand tons of sunflower oil, which is 38.4% less than in the previous season, according to the Russian Agriculture Ministry materials, citing data from the Federal Customs Service.
Including in June sunflower oil shipments from Russia amounted to 48.6 thousand tons, a decrease of 52.8% compared to the previous month. Compared to June 2012 is lower by 65.2%.
From July 1 to 3 abroad were delivered 5.1 thousand tons of sunflower oil.
Average purchase prices of sunflower on Delivery ex-elevator to the July 1 to June 17 compared with a decreased in the Central Federal District, 1.7%, to 15,713 rubles per ton, South - by 0.8%, to 15,727 rubles. In the Volga region prices, by contrast, increased by 1.4%, to 15.44 rubles per ton, in the Urals and Siberia, they remained at levels of 15.4 thousand and 18.0 thousand rubles per ton, respectively.
The materials also reported that from July 2012 to May 2013, Russia imported 552 million tons of palm oil: 59% were imported from Indonesia, 16% - from Malaysia, 25% - from Ukraine and the EU. "Import of palm oil still maintains a high rate, which is associated with a reduction in the production of sunflower oil in Russia in the current season, as well as low world prices", - explained in the review. In May, imports of palm oil rose to 46,000 tons from 30,000 tons a year earlier. In April of this year it was 57.6 thousand tons.
According to the Russian Grain Union in 2013, Russia can collect a record sunflower harvest - more than 9 million tons against 7.96 million tons in 2012. This forecast is based on the expansion of the area under this crop: sown over 6.7 million acres, up 560,000 acres more than last year.

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