Sunflower seed oil is the most popular vegetable oil in Russia, where it is commonly used for cooking. It first appeared and was used about 200 years ago. Sunflower seed oil still ranks first in the oil consumption in Russia, despite increasing availability of other kinds of oil, such as olive oil, rapeseed oil, flaxseed oil, and others.
Will Russia-Ukraine war boost vegetable oil prices?
The move, coming on top of export disruptions from the Russia-Ukraine war, could further boost already elevated global vegetable oil prices. Russia is the largest exporter of sunflower seeds and the second-largest exporter of sunflower seed oil, giving its actions outsize influence on vegetable oil markets.
Where do we export Russian grain?
We export Russian grain from ports on the Black Sea and The Sea of Azov. Always keen to anticipate future market needs, we expanded our processing activities with our new crush plant in the Novoanninskiy district of Volgograd. We purchase sunflower oil for further refining in our refinery, bottling and packaging plant in Efremov.
What is Russia’s agricultural supply chain?
In Russia, our agricultural supply chain activities include: Our team has a proud reputation for processing grains and oilseeds produced by the country’s farmers. We work hard to make our partners’ businesses more successful and offer practical support to producers including financial solutions and expert advice.