Sunflower prices in Ukraine fell from UAH 14,500-15,000/ton to UAH 13,500-13,800/ton

After a sharp drop in sunflower prices last week, farmers stopped selling sunflowers, which exacerbated the shortage of offers on the Ukrainian market. Demand prices for sunflower fell from UAH 14,500-15,000/t to UAH 13,500-13,800/t with delivery to the plant under the pressure of a 6-10% drop in oil prices over the past 10 days, which led to a decrease in vegetable oil prices, in particular sunflower, by 4-5%. GrainTrade writes about it. During the week, quotations for soybean oil in Chicago and for palm oil in Malaysia fell by 3.5-4.5%, which increased the pressure on the sunflower oil market, as a result of which the purchase prices in Ukraine decreased by another 10-20 $/t to 750 -760 $/t with delivery to the port. Ukraine continues to increase its export of sunflower oil, and in November it increased by 32% compared to October to 538 thousand tons, which is 58 thousand tons higher than in November 2022, when 480 thousand tons of oil were shipped. But the total export of ...