Source: Oleoscope (Russia)
Sunflower prices in Ukraine continued to rise last week, which was still supported by a further increase in the cost of sunflower oil in ports and high competition for raw materials on the domestic market.
According to the Electronic Grain Exchange of Ukraine, sunflower prices rose by $12-19/t and reached $658.6/t CPT. The cost of sunflower oil DAP Odessa (February – March) was 1118-1122 $/t.
Supply of raw materials was uneven, companies noted that this week agrarians, taking into account further price growth, began to hold sales again. In general, the supply still did not allow to form sufficient stocks for a longer period. As a result, sunflower oil exports remained moderate.
As analysts note, a number of large mills continued to idle, while others were looking at the prospects of processing soybeans or rapeseed.
According to OleoScope data, on 21.02.2025, the sunflower oil price (FOB) with delivery for February amounted to 1072.50 $/t, which is 2.50 $/t lower than the previous value from 20.02.2025 (1075.00 $/t).