12:24, 19.01.2009 — Новости
автор: OilWorld.Ru

DJ Malaysia Co To Import 13,000 Tons Sunflower Oil From Ukraine


 KUALA LUMPUR (Dow Jones)--A Malaysia-based trading and vegetable oils
processing firm is importing 13,000 metric tons of sunflower oil from Ukraine,
a trading executive said Monday.

He said the deal took place at around $620/ton, free-on-board, and the cargo,
which is now being loaded at a port in Ukraine, will be delivered by the middle
of next month. Sunflower oil prices have moved up considerably after the deal
was finalized and is now being offered at $695/ton, FOB, Argentina.

A palm oil shipment was delivered to Ukraine and the vessel will return with
sunflower oil, which will be processed here and then exported to Saudi Arabia,
the executive said.

Such deals ensure that a ship, after it has delivered palm oil, doesn't
return without a cargo, and pushes up capacity utilization of Malaysian
refineries, allowing them to pocket premiums enjoyed by sunflower oil over palm
oil.

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