en.Wedoany.com Reported - In the second half of 2026, the Zhengzhou Commodity Exchange (ZCE) in China will launch sunflower oil futures trading for the first time. This news was disclosed to APK-Inform by the National Association of Oilseed Processors (НАПМК). Yadkar Ibragimov, Chairman of the Association's Board, stated: "The addition of this instrument expands the range of global hedging options, improves the pricing mechanism, and encourages more cross-border participants to engage in China's rapidly developing futures market, which will directly promote the growth of China's sunflower oil imports."
The association noted that in 2025, Kazakhstan ranked second in China's sunflower oil export market and fifth in rapeseed oil exports. Meanwhile, in the first seven months of the current marketing year, China became the largest importer of sunflower meal/cake from Kazakhstan for the first time.
The prospects for the development of trade in Kazakh oil and fat products in the Chinese market will be a key topic at the 5th International Oil and Fat Conference "FOC 2026: Fats and Oils Conference." The conference will be held on June 5 in Astana, the capital of Kazakhstan. The organizer is the National Association of Oilseed Processors, the general media partner is APK-Inform Asia, and the platinum sponsor is WayStar Group LLC.
The conference has invited Tu Changming, Chairman of the Sunflower Oil Branch of the China Vegetable Oil Producers Association and Deputy Party Secretary and Director of Public Affairs of Yihai Kerry Group (a subsidiary of Wilmar International, one of China's large agro-industrial food enterprises), as a top-level keynote speaker. He will present the supply and demand balance of vegetable oils and meals in China, forecast the import scale of oils and meals for the 2026/27 crop year, and analyze the changes in trade patterns following the launch of sunflower oil futures on the Zhengzhou Commodity Exchange.
The event will bring together key players in the Central Asian oil and fat market, including agricultural holdings, processing enterprises (over 50 oil mills in Kazakhstan), exporters and importers, as well as representatives from relevant government departments, logistics companies, financial institutions, and upstream and downstream industries.
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