The global market for vegetable oils is entering a period of stabilization. High yields of rapeseed, sunflower, and soybean are shaping prospects for greater supply, while the shortage of sunflower oil is keeping prices high. What awaits traders
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The global vegetable oil market is responding to the results of high yields of rapeseed, sunflower, and soybean in 2025/26, as well as an increase in vegetable oil production against the backdrop of greater consumption. Experts from the Electronic Grain Exchange of Ukraine comment that at the end of the 2024/25 season, the international market is observing a rise in buyer prices due to the shortage of sunflower oil, which in turn reflects an increase in demand for cheaper palm oil. The exchange notes that within the weekly period, under the pressure of a very good sunflower harvest, the price ideas of buyers of Russian sunflower oil eroded by $15-20 to $1140-1150/t FOB for loading in September-October. However, at the same time, according to the exchange, sunflower oil prices in Ukraine due to supply shortages held around the peak values of $1170-1200/t for delivery to the Black Sea ports in September, and export quotations, according to APK Inform, at the level of $1220-1230/t ...