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ANNUAL PRICE INCREASE FOR OIL EXPORT INCREASED BY 2 TIMES




Sunflower oil export prices in Russia. In the May / April 2021 pair for export operations, the average actual prices for sunflower, safflower or cottonseed oil and its fractions increased by 14.5%.


In conjunction May 2021/2020 vegetable oils for foreign customers rose 2.2 times.


The average actual export price for 1 ton of vegetable oil in May 2021 amounted to USD 1537.8 against USD 1344 in April. For distant cordons, goods were sent for $ 1507.5 / t against $ 1,318 in April, to the CIS countries - $ 1,598.7 / t against $ 1,530. The delta by directions decreased from $ 132 / t to 91.2 in favor CIS.


In May, 123.5 thousand tons of vegetable oil were exported. Over the month, shipments fell 61%. @agrorisk





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