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Lunar New Year holidays in China and other Asian countries slowed vegetable oil trade, with some trading paused while prices stayed mostly stable. China cut import VAT on 16 agricultural categories, including sunflower and rapeseed oil, from 13% to 9% starting February 2.
Ukrainian sunflower oil demand prices rose $10-20/t to $1,280-1,290/t delivered to ports.
The China VAT cut could lift import demand for vegetable oils once the holiday ends, supporting prices, while the holiday lull is temporarily bearish.
proagroukraine.comFeb 18, 2026After 224 past bullish trade events, Soybean Oil moved a median +0.4% over 5 sessions (54% higher; middle half -1.5% to +2.1%), and -0.5% over 20.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
