This growth is expected to occur mainly due to the increase in shipments of Argentine oil in the direction of India up to 320 thousand tons compared to 237 thousand tons in December 2015, and a number of other Asian countries. So, Bangladesh will increase the procurement of products to 58 (14) thousand tons, South Korea - up to 27 thousand tonnes (0). In addition, the projected growth of demand for Argentine soy oil by Egypt to 37 (19) thousand tons and other African States to 20 (11) thousand tons.
Thus, at the end of 2016, the export of soybean oil from Argentina could increase to 5.9 million tons against of 5.74 million tons a year earlier. The largest volume products will be shipped in the direction of India – of 2.92 (2,69) million tons, Egypt – 620 (221) thousand tonnes and Bangladesh – 456 (323) thousand tons.
Translated by service "Yandex.Translation"