# Ukraine retains leadership in sunflower meal supplies to China

> China bought a record 8.7 million tonnes of oilseed meal in 2023, up 12% from 2022, with sunflower and rapeseed meal making up about 60% of supply. Imports grew again in December, led by Ukrainian sunflower meal and Canadian rapeseed meal. Traders report an oversupply of meal in China that is pressuring prices.

- Date: 2024-01-25 · published 2024-01-25T12:00:00.000Z
- Category: trade · region China · magnitude low
- Page: https://feedsoft.ai/events/32238-ukraine-retains-leadership-in-sunflower-meal-supplies-to-china
- Commodities: [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Strong Chinese import demand supports export flows for sunflower and rapeseed meal, but the domestic oversupply is weighing on prices. Buyers should expect soft meal pricing in the near term.

## Read by commodity

- CANMEAL: bearish ▼
- SUNMEAL: bearish ▼

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/ukraine-retains-leadership-in-sunflower-meal-supplies-to-china/

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