Price spread between Argentine and Black Sea sunflower oil has reached a multi-year high

a significant premium spread over the price of Argentine oil – it reached $60-85 per ton during the reporting week. According to calculations by the German agency OIL WORLD, in July-September 2025, Argentina already increased its sunflower oil exports to almost 0.6 million tonnes from 0.38 million tonnes in the same period last year, driven by record sales to India, whose share of national shipments during the reporting period jumped to 62% from 17% in the previous period. Argentine exporters have long felt more comfortable among their competitors due to the rapid growth in raw material supply in recent years, leading local companies to accept partial discounts. However, more intensive shipments, particularly to large markets (such as India), are being hampered by the pricing environment, which favors soybean oil. “A reversal in global prices, or even stagnation, will become more apparent closer to the 2026 deals, when Argentine sunflower products from the new harvest will enter ...