in 2008/2009 marketing year (ending 31 August), exports of sunflower oil from Ukraine increased by 58,5% compared to the previous MY, up 2.1 million tons, worth $ 1.57 billion, reported in Friday Agrarian Policy. Ukrainian oil are exported mainly to India, Turkey and Egypt, the report said. This is an absolute record in the history of the country, - said director general of the association Ukroliyaprom Stepan Kapshuk. In the past, MG exports of sunflower seeds increased by 10.1 times, up to 769 tons, worth $ 191.8 million then deliveries have been made mainly in the EU countries, Pakistan, Turkey and Georgia.
export growth this year have contributed to devaluation of the hryvnia and the high yield of sunflower seeds, which, according to the Ministry of Agrarian Policy, amounted to 6.5 million tonnes against 4.7 million tonnes in 2007/2008 MG. The volume of oil production in the last MG increased by 41,8% to 2,5 million tons Because of the crisis in the world in the last MG decreased freight rates, they were almost 3 times less than the maximum values of the previous periods, - says the director analytical center UkrAgroConsult Sergei Feofilov.
This has contributed to the profitability of export of sunflower oil, despite the fact that due to the global price situation in the average export price of a ton of product in the last MG was lower than the previous - $ 750.3 vs.$ 1.28 Thousands of companies, which exported oil produced its own facilities, worked with efficiency of 15-18%, said general director of industrial group Creative Yuri Davydov. For comparison: the average return on wheat exports in the last MG was about 8%, barley - 6%, said deputy general director Volary (one of the largest exporters of grain), Vyacheslav Kolosvetov.
This year, exports of sunflower oil from Ukraine would not be lower than in the past, MG, predicts Deputy Minister Jaroslaw agrarian Gadzalo. They did not agree to market participants. Because of the crisis last year, farmers have reduced plantings of sunflowers, their harvest will be smaller. The volume of export of sunflower oil in the current MG will drop by 10-15%, - says Mr. Davydov. While he remains stable and high, as the hryvnia remains weak point in the group German-Ukrainian Policy Dialogue in Agriculture.
Exports of oil - an attractive area for investors, this year they may take advantage of new major players, experts say. In entering the market processing and export of sunflower seed interest of large foreign companies as strategic investors, and portfolio. Our company has recently received many proposals from them, - says Yuri Davydov.
According to his information, to expand export capacity of sunflower oil was interested company Glencore (one of the largest exporters of grain in Ukraine), plans to enter the market and the U.S. ADM.
According to the director general Vioil (a major exporter of oil) Sergei Prysiazhniuk likely, foreign operators will acquire existing operators to enter the market or equity of companies as partners: Sign into this business from scratch is extremely difficult: you must have a developed infrastructure for the purchase of sunflower seeds and have a good team of qualified specialists.
Alena Golubeva
Today the market check on the strength of the medium-term uptrend line, shifted to 1175 points on the MICEX
Tatneft has invested 102 billion rubles in the construction of petrochemical complex in Nizhnekamsk
Gazpromneft-Ural failed to appeal the FAS Russia to acquire a network of filling stations in Ekaterinburg
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Forex Market 28/09/2009
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Deposits of legal entities - Market Overview
Kommersant: Ukraine exported a record amount of sunflower oil
in 2008/2009 marketing year (ending 31 August), exports of sunflower oil from Ukraine increased by 58,5% compared to the previous MY, up 2.1 million tons, worth $ 1.57 billion, reported in Friday Agrarian Policy. Ukrainian oil are exported mainly to India, Turkey and Egypt, the report said. This is an absolute record in the history of the country, - said director general of the association Ukroliyaprom Stepan Kapshuk. In the past, MG exports of sunflower seeds increased by 10.1 times, up to 769 tons, worth $ 191.8 million then deliveries have been made mainly in the EU countries, Pakistan, Turkey and Georgia.
export growth this year have contributed to devaluation of the hryvnia and the high yield of sunflower seeds, which, according to the Ministry of Agrarian Policy, amounted to 6.5 million tonnes against 4.7 million tonnes in 2007/2008 MG. The volume of oil production in the last MG increased by 41,8% to 2,5 million tons Because of the crisis in the world in the last MG decreased freight rates, they were almost 3 times less than the maximum values of the previous periods, - says the director analytical center UkrAgroConsult Sergei Feofilov.
This has contributed to the profitability of export of sunflower oil, despite the fact that due to the global price situation in the average export price of a ton of product in the last MG was lower than the previous - $ 750.3 vs.$ 1.28 Thousands of companies, which exported oil produced its own facilities, worked with efficiency of 15-18%, said general director of industrial group Creative Yuri Davydov. For comparison: the average return on wheat exports in the last MG was about 8%, barley - 6%, said deputy general director Volary (one of the largest exporters of grain), Vyacheslav Kolosvetov.
This year, exports of sunflower oil from Ukraine would not be lower than in the past, MG, predicts Deputy Minister Jaroslaw agrarian Gadzalo. They did not agree to market participants. Because of the crisis last year, farmers have reduced plantings of sunflowers, their harvest will be smaller. The volume of export of sunflower oil in the current MG will drop by 10-15%, - says Mr. Davydov. While he remains stable and high, as the hryvnia remains weak point in the group German-Ukrainian Policy Dialogue in Agriculture.
Exports of oil - an attractive area for investors, this year they may take advantage of new major players, experts say. In entering the market processing and export of sunflower seed interest of large foreign companies as strategic investors, and portfolio. Our company has recently received many proposals from them, - says Yuri Davydov.
According to his information, to expand export capacity of sunflower oil was interested company Glencore (one of the largest exporters of grain in Ukraine), plans to enter the market and the U.S. ADM.
According to the director general Vioil (a major exporter of oil) Sergei Prysiazhniuk likely, foreign operators will acquire existing operators to enter the market or equity of companies as partners: Sign into this business from scratch is extremely difficult: you must have a developed infrastructure for the purchase of sunflower seeds and have a good team of qualified specialists.
Alena Golubeva
Today the market check on the strength of the medium-term uptrend line, shifted to 1175 points on the MICEX
Tatneft has invested 102 billion rubles in the construction of petrochemical complex in Nizhnekamsk
Gazpromneft-Ural failed to appeal the FAS Russia to acquire a network of filling stations in Ekaterinburg
Review of the FOREX market for 25.09.09
Forex Market 28/09/2009
Chernomyrdin: Nabucco - a gas pipeline from nowhere to nowhere
Loans have become a luxury
To obtain a loan today need to have solid savings and high salary …
Double blow
in the country - the boom in Internet services. But not from the good life … many citizens pay twice as much for access to the network …
Deposits of legal entities - Market Overview