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Ukraine exported over 1.72 million tonnes of vegetable oils to the EU from July 2023 to February 22, 2024, up a third year on year. Sunflower oil shipments rose 34.7%, while sunflower meal shipments fell 15%.
Strong sunflower oil export flows to the EU absorb Black Sea supply, supporting oil demand. Lower sunflower meal shipments tighten meal availability in Europe.
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.