Trump’s sanctions are shaking up the edible oil market: what does this mean for Ukrainian sunseed?

Published 2025년 3월 11일

Tridge summary

New US trade restrictions have influenced the Ukrainian sunflower seeds market, leading to changes in the balance of the vegetable oil market, particularly soybean and sunflower. The proposed tariffs on goods from Europe, Mexico, Canada, and China have caused a sharp decrease in the price of soybean oil, which is impacting the sunflower oil market. As a result, the expected increase in sunflower prices in March-April may be restrained, and the market is entering a period of instability. However, the trade war may also benefit Ukrainian sunseed as Europe may look for alternative sources of oil, such as Argentine soybean oil or palm oil.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The expected increase in prices for Ukrainian sunflower seeds has been influenced by new US trade restrictions. Donald Trump, the US president, announced his intention to impose additional tariffs on goods from Europe, Mexico, Canada and China. The decision caused an immediate reaction on the stock exchanges and changed the balance on the vegetable oil market, in particular soybean and sunflower. This is reported by analysts of the agricultural cooperative PUSK, established within the VAR. “It would seem that everything was going well: seasonal factors supported the upward trend. However, the news about possible tariffs on European goods turned the situation around. The price of soybean oil has fallen sharply over the past few days, and this is also affecting the sunflower oil market. We have already lost about $5-10 per ton of sunflower oil over the past week. The seasonal model still signals the possibility of an increase in sunflower prices in March-April, but Trump’s trade ...

Source: UkrAgroConsult