The price of sunflower rose in the ports of Ukraine

Published 2023년 1월 11일

Tridge summary

Sunflower seed prices have seen a significant increase at Ukrainian Danube ports at the start of January, according to AI "APK-Inform". This price hike is attributed to a decrease in the supply of oilseeds from farmers due to the New Year holidays and the fulfillment of previously agreed contracts. The competition between processors and export companies has also played a role in the price rise, with demand for sunflower seeds seeing an increase of 500-900 UAH/t, ranging between 16,700-18,400 UAH/t SRT-port as of January 10.

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

Original content

According to the monitoring data of AI "APK-Inform", the prices of sunflower seeds have increased in the Ukrainian ports of the Danube since the beginning of January. Prices were supported by a reduction in the supply of oilseeds from agricultural producers during the New Year holidays. This was also facilitated by their fulfillment of shipments of sunflower seeds according to previously concluded contracts. An additional factor in the price increase was the preservation of competition between processors and export-oriented ...

Source: Agravery