News

Sunflower prices in Ukraine have not changed over the week

Sunflower Seed
Nuts & Seeds
Ukraine
Market & Price Trends
Published Apr 21, 2024

Tridge summary

In Ukraine, the cost of sunflower has maintained a stable range of $340 to $355 per ton, as stability is linked to a dip in sunflower oil quotations, according to OleoScope and Spike Brokers. Despite this domestic stability, international contracts have fetched higher prices, with sunflower shipments to countries like Romania, Bulgaria, and Turkey seeing prices between $410 to $450, varying by destination and terms. Furthermore, the international market has also seen Ukrainian non-GMO soybeans being traded, with prices differing based on the destination and terms, indicating a vibrant and dynamic market for Ukrainian oilseeds globally.
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

The cost of sunflower in Ukraine remained at the level of last week, OleoScope reports, citing analysts from the Ukrainian brokerage company Spike Brokers. According to their data, crop sales prices today have remained at the level of 340 to 355 dollars (or from 31,925 to 33,335 rubles) per ton, depending on the region. Experts named the reason for this stability as a decrease in quotations for sunflower oil. However, the value of recent contracts with some countries has been higher. For example, shipments to the ports of Romania on CIF terms cost from 410 to 415, to Bulgaria and Turkey on the same basis - $425-430 and $445-450. Prices for oilseeds for Bulgaria on DAP terms (center) ranged from 440 to 450 dollars, respectively. Earlier, Forkagro also announced supplies of non-GMO Ukrainian soybeans to a number of countries. All contracts were concluded only on DAP terms. The cost ...
Source: Rosng
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