Prices for sunflower in Ukraine continue to rise due to low sales rates, but they may be limited by an increase in supply from Argentina.

The shortage of sunflower supply to factories and the resumption of work at most oil processing plants led to a new wave of rising sunflower prices in Ukraine against the backdrop of consistently high sunflower oil prices on the global market. Thanks to a decrease in the intensity of shelling of ports in recent weeks, some plants in the south have resumed operations, even despite power supply disruptions. Purchase prices for sunflower in Ukraine have risen by 500 UAH/t over the week to 30000-30500 UAH/t or 610-620 $/t without VAT (for an oil content of 50%) with delivery to the factory, while competition between processors for large lots has intensified. Demand prices for sunflower oil in Ukraine remain at 1270-1280 $/t with delivery to ports, and demand prices for sunflower oil with delivery to India amount to 1390-1400 $/t CIF Mumbai, so domestic processors are actively selling oil in anticipation of a price drop following the entry of the new soybean and sunflower crop from ...