Ukraine: Sunflower lost 10% of its price in March

Published 2023년 3월 31일

Tridge summary

Since mid-March, Ukraine has seen a decrease in the demand prices of oil refineries for sunflower seeds, with a 12-16% drop, ranging from 12,500-15,500 UAH/t (600-750 BGN/t), due to a decrease in export prices of sunflower oil and a reduction in activity by oil processing enterprises in purchasing seeds. This decrease in demand prices is also anticipated to be influenced by the active stage of spring field work, which is expected to increase the supply of seeds.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Since the middle of March, Ukraine has registered a drop in the demand prices of oil refineries for sunflower seeds, APK-Inform agency reports. "Mainly, the development of this trend was facilitated by the decrease in the export prices of sunflower oil. In addition, oil processing enterprises have somewhat reduced their activity in purchasing seeds from this crop. It should be noted that the active stage of spring field work has already started in the country and market operators expected that this will contribute to an increase in the supply of seeds, as farmers will need to replenish working capital. However, commercial activity remains low, with farmers often preferring to limit the sale of oilseeds or, in some cases, sell them under ...
Source: Agrozona

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.