# Chinese demand pushes Ukrainian SFM prices up | Latest Market News

> Ukrainian sunflower meal export prices rose at the Pivdennyi/Odesa/Chornomorsk ports on higher Chinese demand after the Lunar New Year. Limited Ukrainian supply from slower sunseed crushing also supported prices. Market participants said the Chinese demand could be short-lived as Brazilian soybean supply increases.

- Date: 2024-03-25 · published 2024-03-25T12:00:00.000Z
- Category: trade · region Black Sea · magnitude low
- Page: https://feedsoft.ai/events/31327-chinese-demand-pushes-ukrainian-sfm-prices-up-latest-market-news
- Commodities: [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md)

## Why it matters

Stronger Chinese buying of sunflower meal supports Black Sea meal values, but expected higher crush rates and Brazilian soybean meal supply could reverse the gain.

## Read by commodity

- SUNMEAL: bullish ▲

## Sources

- argusmedia.com: https://www.argusmedia.com/en/news-and-insights/latest-market-news/2657267-chinese-demand-pushes-ukrainian-sfm-prices-up

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