India resumes sunflower oil imports from Ukraine

India resumes sunflower oil imports from Ukraine

Ukrinform
India, the world’s biggest edible oil importer, is expected to receive its first shipments of sunflower oil from Ukraine in September after a five-month gap.

The relevant statement was made by Bloomberg, an Ukrinform correspondent reports.

According to Sandeep Bajoria, Chief Executive Officer of the Mumbai-based broker and trader Sunvin Group, India may receive 50,000 to 60,000 tons, as Ukraine is set to open some Black Sea corridors for agricultural exports.

Bajoria noted the cargoes would likely be loaded at the seaports of Odesa and Chornomorsk.

“We have started getting offers for August shipments, but it will all depend on availability of vessels. Ukraine has adequate supplies of oilseeds for crushing,” Bajoria said.

India’s imports of sunflower oil from Ukraine have been at a standstill since April, as Russia’s invasion of the country disrupted trade.

A reminder that over 20 million tonnes of grain intended for exports has been blocked at Ukrainian sea ports due to the Russian armed aggression.

mk

While citing and using any materials on the Internet, links to the website ukrinform.net not lower than the first paragraph are mandatory. In addition, citing the translated materials of foreign media outlets is possible only if there is a link to the website ukrinform.net and the website of a foreign media outlet. Materials marked as "Advertisement" or with a disclaimer reading "The material has been posted in accordance with Part 3 of Article 9 of the Law of Ukraine "On Advertising" No. 270/96-VR of July 3, 1996 and the Law of Ukraine "On the Media" No. 2849-Х of March 31, 2023 and on the basis of an agreement/invoice.

© 2015-2024 Ukrinform. All rights reserved.

Website design Studio Laconica

Extended searchHide extended search
By period:
-