Ukraine's sunflower and sunflower product prices are under downward pressure from the upcoming rapeseed harvest in the EU. Domestic wholesale sunflower prices in Ukraine decreased by 2% WoW as of May 23rd. The complicated nature of exports of sunflower and its derivates from Ukraine means buyers would rather opt for rapeseed. The EU is expecting a bumper rapeseed crop, and EU-27 production could increase by 7% to 18.2 million mt in 2022.
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