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Section 2: Special Focus:
Russia's Oleochemicals Potential and Prospect for Palm Oil
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The oleochemical industry is an important part of Russian economy, which grew by 2% in 2018. According to forecasts of the Ministry of Economy Russia's GDP will increase to 3.6 % by 2024 .
This report observes the prospects for the growth of oleochemistry in Russia, estimates the volumes of consumption of palm oil as raw materials for production of surfactants, and shows advantages of palm oil over oils of Russian origin. To assess the development of oleochemical industry in Russia this report presents the leading Russian surfactant manufacturers and their production volumes. The main directions of the oleochemical industry and the main areas of application of the final products based on palm oil and its derivatives are also observed, the share of import and export of products is given.
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Archives |
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MITIGATING THE NEXT WAVE OF MARKET UNCERTAINTIES Nov 14, '22 ~ Nov 18, '22 |
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ASSESSING 2022: MANAGING OPPORTUNITIES AND RISKS Mar 28, '22 ~ Apr 01, '22 |
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Section 2: Opportunities for Palm Oil in Asian Market Oct 18, '21 ~ Oct 24, '21 |
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Section 1: Oils & Fats Supply, Demand and Outlook Oct 18, '21 ~ Oct 24, '21 |
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Section 1: Price Direction Apr 05, '21 ~ Apr 11, '21 |
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Section 2 : Special Focus on the US Apr 05, '21 ~ Apr 11, '21 |
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POINTERS ON THE PRICE TRENDS Jun 22, '20 ~ Jun 28, '20 |
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Section 1 : CPO Price Trend Feb 24, '20 ~ Mar 01, '20 |
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Section 2: Global Palm Oil Market Opportunities Feb 24, '20 ~ Mar 01, '20 |
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Section 2: Special Focus Aug 19, '19 ~ Aug 25, '19 |
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Section 1 : CPO Price Trend Aug 19, '19 ~ Aug 25, '19 |
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Special Focus - India Feb 25, '19 ~ Feb 24, '19 |
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Section 1: CPO Price Trend Feb 18, '19 ~ Feb 24, '19 |
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Section 2: Global Palm Oil Market Focus Aug 06, '18 ~ Aug 12, '18 |
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Section 1: CPO Price Trend Aug 06, '18 ~ Aug 12, '18 |
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Section 2 : Global Palm Oil Market Focus Jan 29, '18 ~ Feb 04, '18 |
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Section 1: CPO Price Trend Jan 29, '18 ~ Feb 04, '18 |
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Section 2: Regional Focus : CIS Countries Aug 21, '17 ~ Aug 27, '17 |
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Section 1: Palm Oil Price Fundamentals Aug 21, '17 ~ Aug 27, '17 |
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Section 2: Market Challenges and Opportunities Feb 20, '17 ~ Feb 26, '17 |
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Section 1: Price Directions Feb 20, '17 ~ Feb 26, '17 |
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Section 1 : Palm Oil Price Fundamentals Aug 22, '16 ~ Aug 28, '16 |
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Section 2 : Trade Issues and Market Prospects Aug 22, '16 ~ Aug 28, '16 |
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2016 Market Direction - Twists and Turns of Palm Oil Prices Feb 22, '16 ~ Feb 29, '16 |
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Second Half 2015 - Anticipating Market Price Direction Aug 17, '15 ~ Aug 23, '15 |
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Special Focus: Indian Sub-Continent Aug 17, '15 ~ Aug 23, '15 |
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Opportunities, Challenges And Trend In 2015 CPO Price Feb 23, '15 ~ Mar 01, '15 |
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2nd Half 2014: Market Challenges, Predictions And Directions Aug 25, '14 ~ Aug 31, '14 |
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Anticipating 2014 Palm Oil Price Direction Feb 17, '14 ~ Feb 24, '14 |
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Prospects For Second Half Of 2013 - Managing Price Fluctuations Jul 22, '13 ~ Jul 29, '13 |
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Mapping The Palm Oil Price - 2013 Market Perspective Feb 18, '13 ~ Feb 27, '13 |
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Palm Oil : Challenges, Opportunities And Latest Market Directions Aug 06, '12 ~ Aug 17, '12 |
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2012 Price Direction, Issues & Challenges Feb 13, '12 ~ Feb 20, '12 |
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Challenges, Opportunities And Latest Price Trend Aug 08, '11 ~ Aug 16, '11 |
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Challenges, Opportunities And Price Direction Feb 07, '11 ~ Feb 17, '11 |
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2010 Year End Prospects - What Lies Ahead? Aug 02, '10 ~ Aug 08, '10 |
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Dear Shaheen. Annually In Russia about 100 thousand tons of animal fats are produced. 42 thousand tons is needed for the production of solid soap , so the animal fats of Russian origin is enough. The cost of this fat is lower than the cost of palm oil in twice. From the technical point of view, I could say that animal fats have an advantage compared to vegetable fats in the sense that they have higher saturation of alkyl chains, therefore the solidification temperature is higher, which is a good indicator for solid soaps. (Posted on behalf of speaker)
4 years ago
Dear Edmund. For the production of solid soap, soap stock is used. Soap stock is the waste after the production of vegetable oils such as sunflower seed oil, rapeseed oil and etc. This feedstock is rather cheap for the production. We are not sure if there is such an alternative abroad. Sorry to say I couldn't provide any data regarding soap noodles' import to Russia for the time being.
4 years ago
sorry I think you have answered this on the conclusion. thanks
4 years ago
Dear Hafiz, In connection with the advent of liquid detergents for body and washing in recent years, there has been a tendency to reduce the production and consumption of solid detergents. So, in 2019 we are facing some decrease in palm oil import.
4 years ago
Dear Anthony, In brief I could say that in Russia surfactants based on vegetable oils are mainly used (more than 60%) in household chemicals and personal care, solid soap excluded.
4 years ago
Dear Amy, Indeed nowadays in Russia for oleochemicals to produce reagents for oil and gas extraction we use non-hydrogenated rapeseed oil, sunflower seed oil or tallow oil. These feedstock is more expensive than palm oil, but it is domestic and doesn’t need going through customs clearance and paying additional customs tax. But we see strong prospects to use palm oil as feedstock for this industrial branch in the nearest future. Regarding cosmetics and household chemistry I should mention that for these divisions only coconut oil and palm kernel oil can be used which are only imported from abroad. Thanks for your attention to my report.
4 years ago