Russia can become the world’s source of energy for sunflower oil exports – Retail and Retail News
December 1, 2022, 10:49
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Experts from Oil and Fat Connection predicted a 10% increase in sunflower oil exports from the Russian Federation, Izvestia writes.
Sergey Ryzhov/ Shutterstock
Executive Director of the Oil and Fat Association of Russia Mikhail Maltsev It is assumed that the volume of exports of sunflower oil from the Russian Federation in 2022 increased by 10% compared to 2021.
“Following the results of the 2022-2023 season. Russia can become a world source of energy for the export of sunflower oil, increase its supply for the international market by 70% compared to the last season, as a result of which more than 5 million tons may occur,” Maltsev emphasized.
According to him, in September-October 2022, the export of sunflower oil from Russia doubled compared to the same months of 2021. Builds on results achieved through successful record crop metering and large overspending of the remainder of last season.
He also noted that at the moment there are still problems of a logistical nature and payments in the country.
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The article relates to topics: FMCG. Grocery retail. Alcohol, Private label. IPLS. Contract manufacturing
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