Thomas Milk, executive director of the industry forecasting agency Oil World, said that due to the ongoing war in the Black Sea, Russia and Ukraine may have a combined sunflower oil export gap of 1 million tons from October to December. On the sidelines of the Malaysian Palm Oil Forum held in Kuala Lumpur on Wednesday, he said that the monthly gap is about 300,000 to 350,000 tons. He said that it is difficult for importing countries to make up for this part of the supply, especially in India, Egypt, and other African countries. “The current situation is very serious.”

Thomas Milk, executive director of the industry forecasting agency Oil World, said that due to the ongoing war in the Black Sea, Russia and Ukraine may have a combined sunflower oil export gap of 1 million tons from October to December. On the sidelines of the Malaysian Palm Oil Forum held in Kuala Lumpur on Wednesday, he said that the monthly gap is about 300,000 to 350,000 tons. He said that it is difficult for importing countries to make up for this part of the supply, especially in India, Egypt, and other African countries. “The current situation is very serious.”