Sunseed prices in Ukraine continue to rise due to low sales rates

recent weeks, some factories in the south have resumed work, even despite power outages. Purchase prices for sunseed in Ukraine increased by 500 UAH/t in a week to 30,000-30,500 UAH/t or $610-620/t excluding VAT (for 50% oil content) with delivery to the factory, while competition for large batches has intensified among processors. Demand prices for sunflower oil in Ukraine remain at $1,270-1,280/t delivered to ports, and demand prices for sunflower oil delivered to India are $1,390-1,400/t CIF Mumbai, so domestic processors are actively selling oil in anticipation of a price drop after the new soybean and sunseed crop from South America enters the market. We remind you that due to the increase in prices for sunflower oil, the main importer of oils, India, in January sharply reduced imports of sunseed and soybean oil and increased purchases of palm oil, so the demand for Ukrainian sunflower oil will decrease. In January, Ukraine exported about 393 thousand tons of sunflower oil ...