Chart of the Day
Over the past decade, China has become the world’s second largest importer of crude Ukrainian sunflower oil behind India.
Sunflower oil remains a relatively small segment of the overall edible oil market in China, with USDA estimating it will account for 7.3% of food use of oils in 21/22 marketing year.
But sunflower oil demand is also the fastest growing type in the edible oil space. Consumption is up 500% in the past 10 years and has more than doubled in the past 5 years, far ...