Sunflower prices in Ukraine fall following the fall in vegetable oil prices

Published 2025년 4월 10일

Tridge summary

President Trump has delayed tariffs on all countries except China for 90 days, halting the trade war, but the ongoing conflict with China is impacting oil prices due to potential global economic slowdowns. This is causing a domino effect on biofuels and vegetable oils, including a decrease in sunflower oil and sunflower prices in Ukraine. Meanwhile, active soybean oil contracts on the Dalian exchange and palm oil CPO1 fell, while expectations of increased U.S. biodiesel subsidies in 2026 have boosted soybean oil futures. The stalemate between China and the U.S. is leading to a delay in sunflower price increases and raising concerns about a global crisis due to declining demand.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Yesterday, Trump announced a 90-day deferral of tariffs on all countries except China, thereby “pausing” the trade war against the world. But the escalation between the US and China continues to put pressure on oil prices, given the possible fall in global demand due to the slowdown in the economies of both countries. Following oil quotes, prices for biofuels and vegetable oils continue to fall, which leads to a decrease in prices for sunflower oil and sunflower in Ukraine. June Brent crude futures, after falling by 25% over the past two weeks, rose by 3.6% yesterday to $65.3/barrel (-14.8% for the week). June palm oil futures on the Bursa exchange in Malaysia fell 4.5% to 4,146 ringgit/t or $923/t on Monday (-8.9% for the week) following a drop in oil prices. On the Dalian exchange, the most active soybean oil contract fell 0.89% yesterday, while palm oil CPO1 fell 1.9%. May soybean oil futures on the Chicago Board of Trade rose 2.7% to $1,018/t yesterday (+9.2% for the ...

Source: Graintrade