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Uzbekistan's Cabinet lifted most restrictions on exports of sunflower and vegetable oil under a decree dated March 13, allowing processors to export up to 50% of oil made from imported seed. Sunflower seed export limits of 35% apply, while cottonseed and sunflower oil exports remain restricted.
Partial easing of Uzbek export curbs adds some regional vegetable oil supply, a modestly bearish factor for sunflower and soy oil prices.
kun.uzMar 15, 2024Not enough comparable past events yet for a historical read.
After 351 past bearish policy events, Soybean Oil moved a median -0.0% over 5 sessions (49% higher; middle half -1.7% to +1.8%), and -0.2% over 20.
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.
