Ukraine: Purchase prices for sunflowers are increasing, despite difficulties with processing and export

게시됨 2022년 11월 29일

Tridge 요약

Ukraine has seen a surge in sunflower purchase prices due to a scarcity of offers and active export of seeds, despite challenges in exports and oil processing. In October, Ukraine increased its sunflower meal exports by 10% to 390,000 tons, but exports have since slowed down. Purchase prices for sunflower in Ukraine have risen by 500 UAH/t to 16-16.5 thousand UAH/t. The European Commission reported a 13,000-ton increase in EU farmers' sunflower imports to 77,000 tons, with 1.16 million tons imported in 2022/23, a 6.7-fold increase from the same period last year. Ukraine harvested only 9.8 million tons of sunflower this year, leading to a raw material shortage in the second half of the season. The global sunflower oil market is also supported by the delay in sunflower harvesting in the Russian Federation.

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원본 콘텐츠

Another slowdown in exports and failures in the work of oil processing enterprises did not stop the increase in purchase prices for sunflower, caused by a shortage of offers and active export of seeds. According to the UN, after November 19, no more than 5 ships leave the ports of Ukraine every day, although in previous weeks up to 10 ships left. This is due to the bad weather in Istanbul and staff rotation in the Joint Coordination Center (JCC). In October, compared to September, Ukraine increased its export of sunflower meal by 10% to 390,000 tons, the largest since the beginning of the war, of which China bought 224,000 tons. However, meal exports slowed down in November, which made it difficult for processors, as oil can be shipped to the western borders, while it is very unprofitable to deliver meal to the EU. Purchase prices for sunflower in Ukraine increased by another 500 UAH/t during the week to 16-16.5 thousand UAH/t or $440-450/t with delivery to the factory. At the ...

출처: Graintrade