Ukraine: Sunflower oil in the ports has become cheaper by $50/t

Published 2024년 11월 29일

Tridge summary

Sunflower oil prices have dropped by $50/t, trading at $1,110-1,115/t, due to an oversupply in the foreign market. Sunflower meal has also seen a price decrease of $15-20/t, trading at $210-215 DAP Poland. The fall in global prices for oil and meal has led to a decrease in sunflower prices in Ukraine. Ukrainian processing plants have stockpiled raw materials for 1-1.5 months. The current market indications for sunflower show prices ranging from $510-540 for 46% dry content for DAP Ukraine, $600-610 for 44% content for DAP Bulgaria for cheese, and $590-600 for 44% content for CIF Bulgaria for raw.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Sunflower oil fell in price by $50/t and traded this week at $1,110-1,115/t (December delivery). This is reported by Spike Brokers analysts. Saturation of the foreign market with oil and processed products continues. Meal on the Western border became cheaper by $15-20/t and traded for $210-215 DAP Poland. In seaports of Ukraine, meal was traded at $190 (non-granulated) and $200 (granulated). Ukrainian processing plants have stockpiled raw materials for 1-1.5 months. The decrease in world prices for oil and meal caused the price of sunflower to fall to UAH 24,000-25,500/t (delivery to the factory), for a base oil content of 46% (dry matter). The amount of sunflower supply increased against the background of falling ...

Source: Agrotimes