News

Prices for Ukrainian oil delivered to Bulgarian ports rose by $30-50/ton

Refined Sunflower Oil
Bulgaria
Ukraine
Published Nov 17, 2022

Tridge summary

Demand prices for Ukrainian sunflower oil for delivery to Bulgarian ports increased by $30-50/t to $1200-1250/t DAP for the week. This is reported by analysts of the GrainTrade electronic grain exchange. At the same time, in the ports of Ukraine, the demand prices for sunflower oil remained at the level of $1,000-1,050/t SRT due to uncertainty with exports after November 19. Due to […]

Original content

Demand prices for Ukrainian sunflower oil for delivery to Bulgarian ports increased by $30-50/t to $1200-1250/t DAP for the week. This is reported by analysts of the GrainTrade electronic grain exchange. At the same time, in the ports of Ukraine, the demand prices for sunflower oil remained at the level of $1,000-1,050/t SRT due to uncertainty with exports after November 19. As a result of the massive missile attack on Ukraine on November 15, when the Russians launched 90 missiles and 10 kamikaze drones, many energy infrastructure facilities were damaged, which hindered the operation of oil extraction plants in Ukraine. Thanks to the work of the grain corridor, Ukraine exported 1.2 million tons of sunflower oil in 2022/23 MR, as of November 15, out of the USDA forecast of 3.6 million tons, while in 2021/22 MR, exports amounted to 4.465 million tons, and in 2020/21 MR - 5.27 million tons. According to the USDA's November forecast, in 2022/23, Turkey may ...
Source: Agrotimes
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