Sunflower prices remain under pressure from falling meal prices, although sunflower oil prices are fairly stable

Sunflower oil demand prices in Ukraine have started to fall due to a decrease in palm oil prices. The imposition of import duties by Trump on goods from all countries has caused a collapse in oil prices, potentially increasing pressure on soybean and other vegetable oil prices. However, the increase in soybean oil prices on the Chicago Stock Exchange had minimal effect on sunflower oil demand prices. Some processors have stopped work due to low processing margins and a raw material shortage, resulting in low competition for sunflower. Export demand prices for sunflower meal at Black Sea ports remain low, and sunflower oil delivered to Black Sea ports experienced a slight price increase but did not significantly respond to the increase in soybean oil quotes.

In Ukraine, sunflower oil demand prices have started to fall again following the fall in palm oil prices. A sharp increase in soybean oil prices on the Chicago Stock Exchange supported palm oil quotes and had almost no effect on sunflower oil demand prices, but Trump’s imposition of import duties on goods from all countries has already collapsed oil prices, which will soon increase pressure on soybean and other vegetable oil prices. Purchase prices for sunflower with 50% oil content in Ukraine remain at UAH 26,500-27,500/t delivered to the plant, but processors are again operating unstably, and some have even stopped work due to low processing margins and a shortage of raw materials, so competition for sunflower is low. Export demand prices for sunflower meal at Black Sea ports remain low at $215-220/t, although feed corn and wheat prices have recovered slightly this week after falling, which may support meal prices in the future. Demand prices for sunflower oil delivered to ...