The Upward Trend in Sunflower Prices Continues in Ukraine

Mintec Global
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ODESA: Since the beginning of early grains harvesting in Ukraine, we can observe an upward price trend in the sunflower seed market.

Unicaps Sunflower seeds

Despite significant stocks of sunflower seeds, demand for the product continues to grow. This is due to the fact that farmers are now more actively offering rapeseed and grain seeds for sale. Accordingly, they reduce the volume of sunflower sales. Prices are also supported by high import demand for sunflower oil and rising prices for meals. But the situation is still complicated by overloaded logistics.

Thus, sunflower prices for the specified period increased by 1.000-1.300 UAH/t. As of August 17th, the prices are announced within 1.4000-15.800 UAH/t CPT.

Further growth in prices will be limited by a slight decrease in the activity of purchases by oil processing enterprises. They have accumulated sufficient stocks of raw materials from the old crop.