The stabilization of sunflower oil prices supports sunflower prices in Ukraine.

Despite the prolonged decline in prices for palm and soybean oil, sunflower oil prices have stabilized as the market anticipates a decrease in sunflower supply in Ukraine and the EU this season, so processors are actively building up stocks, hoping for a resumption of growth in vegetable oil prices in the future. During the week, demand prices for sunflower oil in Ukraine remained at the level of $1220–1230/t (-$30/t for the month) with delivery to ports in December, and prices for shipments to India at the level of $1300-1310/t CIF Mumbai, although palm oil prices fell by 5.5% amid a slowdown in export rates. The weather in Ukraine, especially excessive rains in the west, does not allow for the completion of harvesting late crops, leading to yield losses and a decrease in the quality of harvested sunflower. As of November 20, in Ukraine, from 4.74 million hectares or 92% of the area (+2% for the week), 9.01 million tons of sunflower have been harvested with a yield of 1.88 t/ha ...