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Oil extraction plants expect receiving 3 million tons 2004-sunseeds for processing
24.09.2004 11:48 "Agro Perspectiva" (Kyiv) —
Domestic oil extraction companies count upon receiving 3 million tons sunseeds harvested by Ukrainian agrarians for processing within 2004/05 MY, reported Association Ukroliya’s representative, referring to plans of oil extraction plants. As to him, Ukrainian sunseeds’ processing volumes are to be lower this MY against last MY, due to forecasted crop’s decline. He added, now oil extraction plants are piling up resources, yet this process is being much slowed down by high prices. He also added, plants can start importing sunseeds (in particular, from Russia) within this season in order to charge their capacities. As to Ukroliya, by now Ukrainian market sunseeds’ prices are UAH1400-1500/t (US$265-278/t), up US$70/t against Russian market prices.
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