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Rising export prices for sunflower oil have pushed up sunflower prices

Published Jan 14, 2025

Tridge summary

Sunflower oil price increase on the export market has led to a recovery of sunflower prices in Ukraine, allowing processors to replenish stocks. Demand prices of processing enterprises have increased from 200 UAH/t to 700 UAH/t, announced in a wide range of 23800-25800 UAH/t CPT. Many Ukrainian factories reduced capacity utilization or suspended work due to limited sunflower stocks and supply, affecting domestic demand and the supply of sunflower processed products. Meanwhile, soybean prices in Ukraine are declining due to buyer restraint in anticipation of further price reductions.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The increase in prices on the export market of sunflower oil last week contributed to the recovery of sunflower prices in Ukraine, which, quite possibly, will allow processors to replenish stocks. This is reported by APK-Inform. The demand prices of processing enterprises increased from 200 UAH/t to 700 UAH/t and were announced in a very wide range - 23800-25800 UAH/t CPT. For large volumes and fast delivery, as before, companies were ready to increase prices. It is noted that in December many factories in Ukraine reduced capacity utilization due to limited stocks and supply of sunflower or suspended work until the price situation improved. This situation affected domestic demand, as well as the supply of sunflower processed products. Let us remind you ...
Source: Superagronom
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