Prices for sunflower in Ukraine collapsed after a strike on the oil extraction plant in the port of Pivdennyi.

As a result of the Saturday attack on the port of Pivdennyi, the vegetable oil transshipment terminal of the company Allseeds was damaged, large-scale fires broke out on the premises, one worker was killed and two were injured, infrastructure was damaged, and thousands of tons of sunflower oil were lost. Experts warned that the terrorist state - the Russian Federation - would attack both the port infrastructure and the oil extraction plants to weaken Ukraine's economic potential and increase prices for Russian grain and oil amid export restrictions from Ukraine. Processors in Ukraine yesterday sharply reduced purchasing prices for sunflower due to the halt of oil and meal exports from the Black Sea ports and the increased risk of attacks on other oil extraction plants. Purchasing prices for sunflower yesterday fell by 1000-1300 UAH/t to 27000-27500 UAH/t or 560-570 $/t without VAT (for oil content of 50%) with delivery to the plant. Processors have fairly large stocks of ...