In Ukraine, the prices of sunflower oil have reached a record

Published 2024년 6월 12일

Tridge summary

In May 2023, Ukraine exported 714,000 tons of sunflower oil, the highest monthly volume since January 2021 and the third largest in its history. Demand prices for sunflower oil in Ukraine hit a record 900 USD/t in the 2023/24 season, continuing a price rise trend since March. From September to May 2023/24, Ukraine exported a record 5.14 million tons of sunflower oil. Additionally, Poland is considering introducing a state tax on trade in Ukrainian grain.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In May, 714,000 tons of sunflower oil were exported from Ukraine, which was the maximum monthly volume since January 2021. This is reported by "APK-Inform". In general, this is the third largest monthly volume of shipments in the entire history of the export of this product. And the demand prices for sunflower oil in Ukraine reach 900 USD/t, which became a record indicator in the 2023/24 season. Since the beginning of March of this year, the trend of rising prices continues to dominate the Ukrainian sunflower oil export market. As a result, as of the beginning of the day on June 12, the demand prices for sunflower oil in Ukraine reached 900 USD/t, which is higher than last week's prices by 5-15 USD/t. As experts note, this is a record figure in the 2023/24 season. The last time oil demand prices were fixed at this level was in March 2023. In May 2023/2024, Ukraine exported 714,000 tons of sunflower oil (+14% compared to April), which was the highest monthly volume since January ...
Source: Agropolit

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