The sunflower processing in Ukraine in December, atypically for this period, decreased and amounted to about 1 mln tonnes, which is 17% lower than in November and the lowest figure for December since 2014, APK-Inform news agency reported.
“Among the key factors of influence is the rather strict policy of restraining the sale of raw materials by farmers due to the reduction of sunflower production, which led to a significant reduction in oilseed stocks at the enterprises,” the analysts said.
Given the continued downward price dynamics in the export market of sunflower oil, some of the mills suspended operations in December until the price environment improves. At the same time, a number of companies temporarily switched to soybean processing, APK-Inform stated.
