New
Transform your trade strategies with Market Brief, Tridge’s AI-powered market insights.
Sunflower prices in Ukraine have almost reached a historical maximum
Published Nov 5, 2024
Tridge summary
Sunflower prices in Ukraine are nearing historical highs of UAH 25,000-27,000/t SRT, causing some small enterprises to shift their focus to alternative crops. Many refiners are experiencing no profit margin and are struggling. While larger plants can afford to operate at a loss, small refiners may be forced to halt operations or pivot to processing other oils to survive until the price situation improves.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Sunflower prices approached the historical price maximum of UAH 25,000-27,000/t SRT. APK-Inform writes about this. There are already the first small enterprises that have reoriented themselves from sunflower processing to alternative crops due to high prices, but things are not so good with other oilseeds. Many refiners report virtually no "margin", but while large plants can afford to work "in the red" ...
Source: Agravery
Related market data
What to read next
Read more relevant content
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.