The export price of сrude sunflower oil can reach $700 per ton
In March 2019, it is planned to ship 3 thousand tons of Ukrainian crude sunflower oil to the specialized seaport of Chernomorsk.The cost of crude sunflower oil is estimated at $668 per ton, according to datafrom the independent information agency S & P Global Platts, as of January 28, 2019.This is $6 more than the day before. And the price continues growing. This is due to a decrease in supply. While the demand of the main buyers, Iraq and India, remains high. Also, the market is gradually increasing activity from China and Europe.
Platts experts predict a rise in the value of Ukrainian crude sunflower oil to $700 per ton, if the situation in the FOB market does not change.
Some manufacturers that process sunflower seeds will experience a shortage of raw materials for production. This is due to the fact that farmers have reduced sales of sunflower seeds, in anticipation of a higher price. In addition to this, heavy snowfall complicated the transportation of seeds, which are delivered to the plants by trucks. And this is 70% of the total raw material supplied.
Large plants that do not have a shortage of raw materials for production, also began to limit sales. Although their current stocks of seeds and finished products are enough to fully cover existing demand for 3-4 months.
However, experts are inclined to believe that in February the market will receive a sufficient amount of sunflower seeds to cover existing demand. This may provoke the decreasing of crude sunflower oil prices in 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: