Business news from Ukraine

In Moldova, sunflower oil producer has shut down 2 plants and demands to resume imports of Ukrainian sunflower seeds

28 March , 2024  

Moldovan Agriculture and Food Minister Vladimir Bola will meet on Monday with sunflower seed producers and processors due to the difficult situation in his country with sunflower oil production. According to the Moldovan news agency Infotag, the decision to discuss the problem was made after Floarea Soarelui, the largest oil producer, shut down two plants. The producers said they had no raw materials, as farmers refused to sell their seeds at the current market price, and sunflower imports are strictly licensed.

“Today, Moldova’s sunflower seed stocks are about 350 thsd tonnes, so any statements about lack of stocks are speculation. At the same time, the pricing policy should be objective, fair and responsible towards the end consumer,” Bola wrote on Facebook.

He emphasized that “by abandoning political statements and relying solely on the economic component,” the Ministry of Agriculture of Moldova will provide a platform for dialogue between seed producers and processors.

“Each party will provide real figures so that we can make decisions and find viable solutions for the new sunflower harvest,” Bola said.

As reported, Moldova has extended the licensing of sunflower seed imports from Ukraine for three months.

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