The dynamics of prices for sunflower oil will be multidirectional.

In October, the price of sunflower seeds may increase to 41.48 thousand rubles/ton, while as of September 24, it was around 38.1 thousand rubles/ton (excluding VAT, EXW), according to a review by the analytical center of Ruseed. In October of last year, sunflower seeds averaged 33.9 thousand rubles/ton. "The reduction in gross harvest, caused by adverse factors including local frosts, has led to a supply deficit and, as a result, an increase in price quotes," analysts note. According to Ruseed, rapeseed may become cheaper from 32.4 thousand rubles/ton to 31.5 thousand rubles/ton. A year ago in October, it cost 33.4 thousand rubles/ton. The increase in yield from 19.7 centners/hectare to 21.3 centners/hectare exerts downward pressure on prices, with the gross harvest of the crop expected to be record-breaking. The harvesting pace is close to average values, so the produce is actively entering the market, the review says. However, analysts point out that overall, the high level of ...