# Oil plants in Ukraine are shutting down – AgroNews

> Almost a third of Ukrainian oil extraction plants have shut down due to power outages and shelling, while port operations are limited. Russian sunflower oil FOB prices rose $40-50 to $1,280-1,290/t, and Ukrainian oil to ports rose $30 to $1,270-1,280/t. Malaysian palm oil and CME soybean oil also gained on the week.

- Date: 2026-01-22 · published 2026-01-22T12:00:00.000Z
- Category: geopolitics · region Ukraine · magnitude medium
- Page: https://feedsoft.ai/events/12816-oil-plants-in-ukraine-are-shutting-down-agronews
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md)

## Why it matters

Reduced Ukrainian oil supply lifts global vegetable oil prices, supporting palm and soybean oil. Uncertainty over US biofuel volumes for 2026-27 is a downside risk.

## Read by commodity

- SBO: bullish ▲
- PALMOIL: bullish ▲
- SUNMEAL: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| SUNMEAL | 2026-01-26 | 1 | +4.2% | 2.7 | Roughly a third of Ukrainian extraction plants being offline and port operations being limited imply lower meal output and tighter supply in the days before the move. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2022-02-24 | [Factbox: Russia’s Ukraine invasion seen disrupting vegetable oil, grain trade flows](https://feedsoft.ai/events/14511-factbox-russia-s-ukraine-invasion-seen-disrupting-vegetable-oil-grain-trade.md) | +5.0% | +0.9% |
| SBO | 2022-02-25 | [India stops buying sunoil as Ukraine conflict maroons shipments -dealers \| Reuters](https://feedsoft.ai/events/42813-india-stops-buying-sunoil-as-ukraine-conflict-maroons-shipments-dealers-reuters.md) | +3.6% | -2.1% |
| SBO | 2023-07-24 | [Palm oil up over news on Ukraine port attack - Markets - Business Recorder](https://feedsoft.ai/events/11937-palm-oil-up-over-news-on-ukraine-port-attack-markets-business-recorder.md) | +3.6% | -1.3% |
| SBO | 2022-03-29 | [War in Ukraine impacts sunflower market](https://feedsoft.ai/events/42390-war-in-ukraine-impacts-sunflower-market.md) | +264.4% | +276.2% |
| SBO | 2022-03-22 | [Ukraine Sunflower Planting to Sink With Crop Hit Hardest by War 22.03.2022 - UkrAgroConsult](https://feedsoft.ai/events/42395-ukraine-sunflower-planting-to-sink-with-crop-hit-hardest-by-war-22-03-2022.md) | +0.1% | +271.7% |
| PALMOIL | 2022-02-24 | [Factbox: Russia’s Ukraine invasion seen disrupting vegetable oil, grain trade flows](https://feedsoft.ai/events/14511-factbox-russia-s-ukraine-invasion-seen-disrupting-vegetable-oil-grain-trade.md) | +13.5% | +11.1% |
| PALMOIL | 2022-02-25 | [India stops buying sunoil as Ukraine conflict maroons shipments -dealers \| Reuters](https://feedsoft.ai/events/42813-india-stops-buying-sunoil-as-ukraine-conflict-maroons-shipments-dealers-reuters.md) | +15.2% | +8.5% |
| PALMOIL | 2023-07-24 | [Palm oil up over news on Ukraine port attack - Markets - Business Recorder](https://feedsoft.ai/events/11937-palm-oil-up-over-news-on-ukraine-port-attack-markets-business-recorder.md) | +0.1% | -3.3% |

## Sources

- agronews.ua: https://agronews.ua/en/news/oil-plants-in-ukraine-are-shutting-down/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.