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Total EU soybean import for the year to date reaches 7.2 million tonnes, with Spain, Netherlands, Germany, Italy and Portugal being the main importers
There has been a recent uptick in sunflower oil offers from Russian sellers, with many trades of Russian-origin sunflower oil taking place last week
According to official data, oilseeds exports pick up pace against slower product shipments
The country manages to increase its shipment volumes despite the many logistical disruptions
Markets react to media reports about EPA’s decision to reduce rapeseed and soybean oil volumes in the biodiesel mix
Sunflower seeds shipments increase by 78%
Recent ban on Ukrainian imports by a few European states curbs sales
From April 1, 2023, the country’s import duty on sunflower oil will increase from zero to 5.5%
Soft oils make up for the biggest share, with an increase of 85.5%
Weekly vegetable oils markets commentary