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India likely to restart Ukraine sunflower oil imports as trade eases

About 50,000 to 60,000 tonnes may arrive as Ukraine is set to open some Black Sea corridors for agricultural exports

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India, the world’s biggest edible oil importer, will likely receive its first shipments of sunflower oil from Ukraine starting in September after a five-month gap, according to Sunvin Group.

About 50,000 to 60,000 tonnes may arrive as Ukraine is set to open some Black Sea corridors for agricultural exports, said Sandeep Bajoria, chief executive officer of the Mumbai-based broker and trader. The cargoes will likely be loaded at the seaports of Odesa and Chornomorsk, he added. 

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

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First Published: Jul 29 2022 | 12:11 AM IST

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