Ukraine. Palm oil imports from Malaysia up 35%

Ukraine imported 16.3 KMT of palm oil in January 2019, or 6.5% more than in the previous month and up 44.2% from January 2018. Combined palm oil imports in the first five months of this 2018/19 season were down 9.6% at 91.9 KMT against 101.7 KMT a year earlier, reports UkrAgroConsult.

This season, Malaysia accounted for 66% of total palm oil imports, Indonesia’s share equaled 32%, and re-exporting countries supplied 2% of the commodity. Purchases from Malaysia increased by 35.3% against the same time last season, while deliveries from Indonesia slumped by 28%.

In addition, Ukraine stopped buying palm oil from Honduras this marketing year, though it imported more than 12 KMT from this country in the same period last season.

Detailed analysis of the latest trends in oilseeds/vegoils/meals exports, palm oil imports, supply and demand balances with breakdown by crop as well as crop conditions and progress in planting/harvesting in the countries of Black Sea Region is available to subscribers for weekly market report "Black Sea Vegoils" by UkrAgroConsult.