Unrefined sunflower oil has risen sharply in price at the auction in Turkey.

The State Turkish Grain Board purchased the planned 18,000 tons of unrefined sunflower oil at an auction, reported the online edition APK-Inform, citing its sources among market participants. The winner of the auction is the company Aves, which will supply 12,000 tons for $1,336.50 per ton C&F and another 6,000 tons for $1,344 per ton C&F. For comparison – at the previous auction for unrefined sunflower oil held in Turkey 5 weeks ago, 18,000 tons were again purchased, but at prices between $1,253.80 and $1,256 per ton C&F. Delivery of the oil to the ports of Tekirdağ and İskenderun or Mersin must be made between November 3 and November 28. Analysts from the publication also point out that over 4 weeks, the prices of sunflower oil in the ports of Ukraine have increased by $45 per ton, due to its active demand against the backdrop of low supply, and news about the harvest ...