Ukraine: Prices for sunflower seeds have dropped to 24-25.5 thousand UAH/ton
Published 2024년 11월 29일
Tridge summary
Ukrainian processing plants are storing sunflower due to a decrease in global prices for oil and meal, causing the price of sunflower to drop significantly. The price drop is due to an increase in supply and a saturated foreign market. As a result, sunflower oil has fallen in price by $50/t, trading this week at $1,110-1,115/t (December delivery), while sunflower meal has become cheaper by $15-20/t and traded for $210-215 DAP Poland.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Ukrainian processing plants have accumulated sunflower for 1-1.5 months. This is reported by Spike Brokers. The decrease in world prices for oil and meal caused the price of sunflower to drop to 24-25.5 thousand. UAH/t (delivery to the factory), for a basic oil content of 46% (dry matter). The amount of sunflower supply increased against the background of falling prices. Sunflower oil fell in price by $50/t and traded this week at $1,110-1,115/t (December delivery). Saturation of the foreign market with oil and processed products continues. Meal on the ...
Source: Elevatorist
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