In the export market of sunflower oil, there was an increase in prices due to the similarity of the global market for this product. The domestic market of the sunflower complex is similar: prices for sunflower oil are increasing, while sunflower seeds are falling. The decrease in feed prices is also due to the large number of offers on the domestic market due to the low activity of the export direction.
The domestic soy market is opposite. Agrarians, considering the prices of soybeans are low, refrain from sales, which creates a shortage of raw materials on the market. Thus, the processing enterprises are forced to gradually increase their purchase prices. The same trend is on the soybean meal market - prices are gradually increasing, taking into account rising raw material prices and a fairly active export market.
Market Focus
demand:
- low activity of the export market for sunflower meal and oil
- Lack of demand for Ukrainian sunflower oil
offer:
- a large number of offers of sunflower complex processing products
- the maintenance of sunflower and soybeans by farmers
07.12.2018 | Price | Week |
World prices, USD / t | ||
Soy (SWOT) | 336,8 | +8,1 |
Sunflower oil (FOB Rotterdam) | 680 | +20 |
Export prices of FOB, Ukraine, USD/t (offer) | ||
Sunflower oil | 640—645 | +15 |
Sunflower seedlings | 210 — 215 | -5 |
Rape | 430—435 | -5 |
Soy | 345—350 | -0 |
Domestic prices of CPT-port, UAH/t | ||
Sunflower oil | 20 000—20 500 | +300 |
Rape | 12 500—13 000 | -0 |
Soy | 10 000—10 800 | +100 |
Domestic prices of processing enterprices, UAH/t | ||
Sunflower seeds | 9200—10 300 | +50 |
Soy | 9000—10 000 | +200 |
Rape | 11 500—12 000 | +0 |
Thursday, 13 December 2018