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Russia steps up sunflower oil exports to China as war disrupts India trade
MUMBAI: Russia’s sunflower oil exports to China are set to double in the new marketing year, but at discounted prices, a leading Russian exporter said on Thursday, as war has damaged the country’s port infrastructure and disrupted shipments to top buyer India. The world’s biggest producer and exporter of sunflower seeds has struggled to ship sunflower oil from its Black Sea ports because of infrastructure bottlenecks, even as demand from India remains strong, said Kyrylo Tyshkevych, head of trading at Sodrugestvo Group, one of Russia’s top three producers. Russian and Ukrainian attacks on port...
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