Ukraine: Sunflower prices continue to fall in the main markets in Eastern Europe

Published 2023년 3월 7일

Tridge summary

Sunflower prices in Eastern Europe have dropped by nearly 60 dollars per ton, according to Ukrainian risk assessment and trading company, Spike Brokers. The decline in sunflower oil prices has not led to optimism for a price recovery. There are approximately 8 million tons of sunflower in Ukraine. Producers in Eastern Europe anticipate an increase in sunflower sowing areas. The latest prices for Ukrainian sunflower range from $470-520 per ton, depending on the delivery location.

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Original content

Last week, sunflower prices continued to fall in the main markets of Eastern Europe, with the drop in places for the last 2 weeks by almost 60 dollars per ton, announced the Ukrainian risk assessment and trading company for grain and oil crops Spike Brokers, quoted by the local electronic publication UkrAgroConsult. "The decline in sunflower oil prices does not increase optimism for the recovery of sunflower prices. The remains of sunflower in Ukraine are about 8 million tons. Producers from Eastern Europe, on the other hand, expect an increase in the areas sown with sunflowers", commented the brokers from the company. The latest prices from customers for Ukrainian sunflower are as follows: DAP (delivery on site) ...

Source: Sinor