According to the leading world analysts, Turkey will considerably increase the imports of sunflower oil in 2013/14 MY.
Oil World forecasts the imports of sunflower oil to Turkey in the current season at 0.71 mln tonnes against 0.66 mln tonnes last year.
USDA sees the sunflower oil imports to Turkey even at a higher level – 0.75 mln tonnes that exceeds the last season result by almost 100 thsd tonnes.
Growing imports of sunflower oil to Turkey is caused by permanent increase of its consumption in the country which can exceed 1 mln tonnes in 2013/14 MY.
As to the current price situation on Turkish market, as on April, 11 offer prices for sunflower oil made up 890-895 UDS/t CIF, bids prices totaled 870-875 UDS/t CIF.
You can become acquainted with the current situation on the Turkish market of oilseeds and vegetable oils, and estimate the prospects of Ukrainian agricultural products on the Turkish market, while visiting the conference "VegOils Trade Outlook-2014", to be held within frames of the exhibition “OFI Turkey 2014" on May 13-14, 2014, in Istanbul (Congress-Center ICC). OFI (Oils&Fats International) and APK-Inform Agency are the event organizers.
To date more than 120 delegates confirmed their participation among them such companies from Turkey as Bunge Gida Sanayi ve Ticaret A.S., Tiryaki Agro Gida ve Tic.A.S., Tugmad Turkkan Gida Maddeleri San. ve Tic. A.S, SGS Supervise Gozetme Etud Kontrol Servisleri A.S, Green&Black Marine Logistics, General Survey Inspection Company, Ege Universitesi, Entil Endustri Yatirimlari ve Tic. A.S., Glariant AG, HUM OIL AND FAT TECHNOLOGIES LTD, Yildiz Holding, Vital Kimya Besicilik Sanayi Ve Ticaret A.S., Yabited, etc.
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