Fat and oil processing scaled up so far 2019-20

Despite the financial and economic crisis, quarantine brought about by the COVID-19 pandemic, the fat and oil industry in Ukraine is demonstrating production growth, the Ukroilprom Association reports.

In the period of September-June 2019/20, oil and fat products output increased YoY:

• unrefined sunflower oil: ▲9.7%
• refined sunflower oil: ▲24%
• sunflower meal: ▲2.5%
• margarine and specialty fats: ▲10%
• sauces, including mayonnaise: ▲11.4%

 

 

 

 

 

 

In the reporting period, the production of soybean oil decreased by 6.8% and soybean meal by 7.3% as a result of raw materials (soybean) deficit in the domestic market, the Association informs.