India may increase sunflower oil supplies from Ukraine
According to Reuters, over the next four months, the Delhi government will probably reduce the amount of palm oil it imports. The reason was the significant price increase observed over the past few weeks. This may cause importers to change their priority to more profitable raw materials, such as soy or sunflower.
In a five-week period, the exchange prices of vegetable oil grown in Malaysia increased by 27% – this is the maximum cost of this product over the past two years. At the same time, the spread for soybean raw materials has decreased, which makes it more profitable to buy.
Due to this, the number of plant products imported into the largest country on the Hindustan Peninsula may be reduced to the level of 700-740 thousand tons per month. Such a decrease in volume may occur between 12.2019 and 03.2020. We remind you that last year 783 thousand tons/month were imported. The cost of supplying sunflower oil also can be increased to 500-550 thousand tons – this is 100-150 tons more than last year. It can influence sunflower oil prices in Ukraine.
In general, the total volume of imported plant products to India in the 2019/20 season can be reduced from 9.7 to 9.4 million tons, and soybean imports can be increased from 3 to 3.3 million tons.
Often, the Delhi government buys palm raw materials from Malaysia and Indonesia, soybean from Argentina and Brazil, rapeseed from Canada, and sunflower oil from Ukraine.
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Dear partners! Beware of scammers!
Kaissa Oil has become a victim of fraudsters. We have become aware of the illegal use of our trademark, name and logos of our company. When drawing up commercial offers, letters or contracts for the supply of sunflower oil, fraudsters use symbols similar to the corporate symbols of the Kaissa group.
The actions of such organizations are fraudulent and are aimed at receiving an advance payment without further shipment of sunflower oil.
Fraudsters, posing as representatives of the Kaissa , using the email [email protected] and the website http://kaisaoil.com (using one letter “S” instead of doubled), offer sunflower oil supplies to our partners, using contact details which do not belong to us. They also offer to make prepayment to the accounts of fraudsters.
Kaissa Oil uses only “[email protected]” and the website https://kaissaoil.com/ in its activities and communication (please note that the name of our company uses doubled letters “S” in our title).
We would like to pay your attention to the fact that the Kaissa Oil includes the following industrial complexes: Oil processing plant, Refining and deodorizing plant “VVVV” LLC and oil bottling factory “SUN LIGHT” LLC.
Kaissa Oil has no representative offices outside Ukraine.
The only correct contact information for the Kaissa Oil: