# Falling palm oil prices increase pressure on sunflower oil and sunіseed prices in Ukraine

> Malaysian palm oil futures on the Bursa fell 1.2% to 4,758 ringgit/t (down 7.6% on the week) as demand weakened, especially from India, which shifted purchases toward cheaper soybean and sunflower oil. Malaysia cut palm oil exports in early December by 6.7-9.8% versus November. Ukrainian sunflower oil demand prices also fell to $1,090-1,100/t.

- Date: 2024-12-17 · published 2024-12-17T12:00:00.000Z
- Category: market · region Ukraine · magnitude low
- Page: https://feedsoft.ai/events/27066-falling-palm-oil-prices-increase-pressure-on-sunflower-oil-and-sun-seed-prices
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Cheaper competing vegetable oils are pulling Indian demand away from palm, pressuring palm prices and dragging down sunflower oil values in the Black Sea.

## Read by commodity

- PALMOIL: bearish ▼

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/falling-palm-oil-prices-increase-pressure-on-sunflower-oil-and-suniseed-prices-in-ukraine/

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