Sunflower prices in Ukraine fell below UAH 25,000/t at the end of the year

게시됨 2024년 12월 27일

Tridge 요약

The Ukrainian sunflower market is experiencing a decrease in prices due to processors reducing the purchase price and farmers reducing sales, with sunflower prices falling by 200-500 UAH/t to 23,800-25,000 UAH/t. This is attributed to a drop in sunflower oil prices to $1,050-1,070/t for January delivery to Black Sea ports and an increase in offers of cheap sunflower oil from Russia, leading to pressure on Ukrainian oil prices. Additionally, the market is being impacted by the collapse in prices for palm and soybean oil. In Russia, sunflower prices have also fallen due to increased harvest forecasts and an increase in the export duty on sunflower oil. Palm oil prices are expected to rise in January due to Indonesia's decision to increase the crude palm oil export levy and introduce the E40 standard.

면책 조항: 위의 요약은 정보 제공 목적으로 Tridge 자체 학습 AI 모델에 의해 생성되었습니다.

원본 콘텐츠

The sunflower market in Ukraine expects new factors to influence prices, as processors have reduced the purchase price and farmers have reduced sales, as a result of which some plants have stopped work. During the week, sunflower prices have decreased by another 200-500 UAH/t to 23,800-25,000 UAH/t against the background of a drop in sunflower oil prices to $1,050-1,070/t for January delivery to Black Sea ports. According to Trading Economics, the average world price for sunflower oil delivered to buyers fell by 0.5% to $1,255/t (-4.2% per month). The increase in offers of cheap sunflower oil from the Russian Federation is increasing pressure on Ukrainian oil prices. In addition, cheap soybean oil has collapsed prices for palm oil, which was a driver of quotation growth in November. In Russia, sunflower prices fell amid an increase in harvest forecasts from 15.5-16 to 16.6 million tons and an increase in the export duty on sunflower oil in January by 1.7 times to $160/ton, and the ...

출처: Graintrade