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Large and medium-sized Ukrainian enterprises have produced 2.92 million tonnes of sunflower oil since the beginning of the current 2016-2017 marketing year (MY, September 2016 – August 2017), which is 43% more year-over-year (y-o-y), according to UkrAgroConsult press service.
"It is a record-breaking season... Sunflower oil output at large and medium-sized enterprises of Ukraine from September 2016 to February 2017 amounted to 2.92 million tonnes, which was almost 43% higher than in the same period last season," the report said.
In February 2017, Ukrainian enterprises produced 439,200 tonnes of sunflower oil, which was 7.7% down from January 2017, when negative dynamics were recorded, the analysts said.
Read alsoUkraine sees record high farm produce exports in JanAs UNIAN reported earlier, Ukrainian enterprises in 2016-2017 MY (MY, September 2016 – August 2017) were expected to produce about 5.5 million tonnes of sunflower oil, of which about 5 million tonnes would be exported, the Agrarian Policy and Food Ministry forecasts.
According to State Statistics Service, the production of crude sunflower oil in Ukraine in 2016 grew by 20.2%, to 4.4 million tonnes.
Ukraine is the world's largest exporter of sunflower oil.
Read alsoOver 10% of spring grains area sown so far in UkraineAccording to the Ukroliyaprom association, Ukrainian enterprises exported in 2016 a record amount of sunflower oil totaling 4.8 million tonnes, which was 23% up against 2015.