# Russia set to snag export lead in sunoil market from rival Ukraine  | Reuters

> Russia is poised to overtake Ukraine as the leading sunflower oil exporter, according to Reuters reporting. Ukraine's sunflower seed exports have surged because of domestic processing limits, while its 2022 harvests fell sharply after the invasion.

- Date: 2023-02-02 · published 2023-02-02T12:00:00.000Z
- Category: trade · region Russia · magnitude low
- Page: https://feedsoft.ai/events/12877-russia-set-to-snag-export-lead-in-sunoil-market-from-rival-ukraine-reuters
- Commodities: [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md)

## Why it matters

A shift in sunflower oil export leadership to Russia changes where vegetable oil buyers source supply, with possible pressure on sunflower meal availability and pricing.

## Read by commodity

- SUNMEAL: neutral

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/russia-set-to-snag-export-lead-in-sunoil-market-from-rival-ukraine-braun
- reuters.com: https://www.reuters.com/markets/commodities/russia-set-snag-export-lead-sunoil-market-rival-ukraine-2023-02-03/

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