The export of high oleic oil from Ukraine is already doubled
APK-Inform news agency declared that during the period from September 2018 to January 2019, Ukraine delivered abroad over one hundred forty thousand tons of sunflower oil with a high olein content. This data is several times higher than last season.
APK-Inform analysts estimated the potential of the current season in the range of about 200-220 thousand tons of grain for export.
The main factors of the rapid growth in export demand for these products, as well as price increases, are:
Decreasing the consumption of palm oil in food in all segments of the industry in the European Union.
As a result, the formation of high demand for high oleic sunflower oil, not covered by existing offers.
Another point that affects the increase of sunflower oil prices in Ukraine – is the high cost of an alternative type of rapeseed oil. This product is $200 per ton more expensive than the sunflower. In addition, other types of oils, such as corn, are not able to compete due to the accessibility of exclusively in small volumes.
According to Yulia Ivanitskaya, an oil market analyst at APK-Inform, even taking into account the increase in premiums and rising costs, the price of high oleic oil is still lower than the established multi-year average. And at the moment, Ukrainian HO oil at auction sales with a premium of $330 per ton, and its cost for deliveries in February and April ranges from $965 to $958.
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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: