# Purchase prices for sunflower in Ukraine are falling in line with oil prices

> Ukrainian sunflower seed demand prices fell from UAH 14,500-15,000/t to UAH 13,500-13,800/t after a drop in oil prices. Soybean oil in Chicago and palm oil in Malaysia each fell 3.5-4.5% in the same week, and Ukrainian purchase prices dropped another $10-20/t.

- Date: 2023-12-07 · published 2023-12-07T12:00:00.000Z
- Category: market · region Ukraine · magnitude low
- Page: https://feedsoft.ai/events/32829-purchase-prices-for-sunflower-in-ukraine-are-falling-in-line-with-oil-prices
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Lower soyoil and palm oil prices pull down the vegetable oil complex and sunflower crush margins. Buyers should expect continued softness in vegetable oil feedstock costs.

## Read by commodity

- SBO: bearish ▼
- PALMOIL: bearish ▼

## Sources

- graintrade.com.ua: https://graintrade.com.ua/en/novosti/zakupivelni-tcini-na-sonyashnik-v-ukraini-opuskayutsya-slidom-za-tcinami-na-oliyu.html

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