News

Sunflower prices have risen in Ukraine in a week

Sunflower Seed
Nuts & Seeds
Ukraine
Market & Price Trends
Published Mar 25, 2024

Tridge summary

The price of sunflower seeds in Ukraine has risen to $335-355 per ton due to increased demand from oil extraction plants and stable sunflower oil prices. The fall in the hryvnia exchange rate last week also contributed to the price increase. Delivery prices to Bulgaria and Turkey are even higher, costing $430-450 and $405-410 respectively, while prices to the ports of Bulgaria and Romania on CIF terms are $420-450 and $415-420, respectively.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

Since last week, the price of sunflower on the Ukrainian market has continued to strengthen, OleoScope reports, citing data from Spike Brokers analysts. Seed prices today have increased to 335-355 dollars (31,025-32,890 rubles at the current exchange rate) per ton, depending on the region. Read also In Ukraine, soybean prices have strengthened over the week Experts named the main reasons for the rise in price as active demand from oil extraction plants, which are trying to build up reserves of raw materials for work for the next three to four months. Probably, their shortage arose due to the large number of orders this year. Analysts also clarified that quotes were further strengthened by stable prices for sunflower oil and the fall in the hryvnia exchange rate last ...
Source: Rosng
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.