Category: Sunflower oil
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Russian Sunflower Oil Export Duty Rises in December
Bullish sunflower oil: Higher Russian export duty raises global costs and may support rival Black Sea prices. Bearish sunflower meal: Lower Russian export duty boosts export competitiveness and adds supply pressure to global markets. Russia Raises December Export Duty on Sunflower Oil Russia’s Ministry of Agriculture has increased the export duty on sunflower oil to…
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Kazakhstan’s Sunflower Oil Exports to Iran Set to Soar
Kazakhstan targets a massive increase in sunflower oil exports to Iran, from 5,900 tons to potentially 500,000 tons annually. The expansion hinges on building new oil-loading terminals in the Caspian ports of Kuryk and Aktau. Iranian investment in Kazakhstan’s oilseed processing and logistics infrastructure is under discussion, indicating closer bilateral trade ties. Market Update Kazakhstani…