# Purchase prices for sunseed are increasing against the background of increased demand for oil

> Ukrainian sunseed demand prices rose 500-800 hryvnia per tonne in the week to about 14,500-15,000 UAH/t delivered to plants. Sunflower oil prices stalled and slipped $10-20/t to $770-780/t as Chicago soybean oil quotations weakened.

- Date: 2023-11-23 · published 2023-11-23T12:00:00.000Z
- Category: market · region Ukraine · magnitude low
- Page: https://feedsoft.ai/events/33285-purchase-prices-for-sunseed-are-increasing-against-the-background-of-increased
- Commodities: [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Higher sunseed prices reflect firm oil export demand, but weaker soybean oil futures and Russian oil competition cap gains, so the net effect on sunflower meal and oil prices is mixed.

## Read by commodity

- SBO: neutral
- SUNMEAL: neutral

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/purchase-prices-for-sunseed-are-increasing-against-the-background-of-increased-demand-for-oil/

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