Sunflower rose in price in a week to UAH 13,300-15,800/t SRT in Ukraine
Sunflower Seed
Ukraine
Published Aug 18, 2022
Tridge summary
According to the monitoring data of AI "APK-Inform", since the beginning of August, an upward price trend has been maintained on the sunflower seed market in Ukraine.
Original content
Despite seasonality and significant reserves of sunflower seeds, demand prices for this crop continue to rise. This is due to a shift in the priorities of agricultural producers regarding the priority of selling crops, because now, according to market participants, they are more actively offering rapeseed and grain seeds for sale and, accordingly, reducing the amount of sunflower sales. Prices are also supported by high import demand for sunflower oil and rising prices of meal, but the situation is increasingly complicated by overloaded logistics. However, oil refining enterprises noted that it is much easier to buy sunflower seeds this year compared to last year, which made it possible to accumulate volumes of raw materials for further processing and to continue the work of factories. Thus, sunflower prices for the specified period increased by UAH ...
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