Sunflower oil prices in Ukrainian ports fell by $60 FOB last week

with the palm oil market, which fell by $20–30 every day due to increased inventories and reduced exports from Malaysia and Indonesia. This dragged down soybean oil on the Chicago Stock Exchange, and then sunflower oil, since demand for it is currently very weak, says Repetsky. The main problem is the too large spread between sunflower and other types of oil. At the beginning of the week, the difference was about $180 with soybean and $200 with palm oil on the CIF India basis, and in the markets of Spain and the Netherlands — more than $120. Because of this, India has not been buying sunflower oil at all for the second week. European countries and India are almost fully supplied for November-December, so active demand is not expected in the near future. The analyst noted that additional pressure on prices is being created by forecasts from South America: the weather in Brazil and Argentina is favorable, there are no risks to the harvest. Argentina is forecasting a record 6.1 ...