Sunflower oil prices continue to rise speculatively

that world markets are starting to become saturated with supply, and palm oil quotes are falling sharply due to reduced demand, which will soon reduce speculative demand for expensive sunflower oil as well. Demand prices for sunflower oil in Ukraine increased by another $20-30/t to $1,250-1,265/t with delivery to ports in November, but the prices offered by factories are around $1,250/t per FCA factory. Demand prices for Ukrainian sunflower oil with delivery to the EU have increased to $1,340-1,360/t DAP Italy, Greece, although demand prices for Ukrainian rapeseed and soybean oil remain at $1,220-1,260/t DAP Poland, Germany. Demand prices for Russian sunflower oil increased by $10-20/t to $1,220-1,230/t FOB over the week, supported by a smaller-than-expected sunflower harvest, especially in the south of Russia. Prices for sunflower oil delivered to India also increased by $20-30/t to $1,340-1,350/t CIF Mumbai during the week. November palm oil quotes fell 4.4% to 4,317 ringgit/t ...