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New-crop sunflower seed trading has started in Ukraine, with Italy buying 1,000 tonnes at $465/t. Processors are posting bids around $370/t without VAT.
Analysts expect a seasonal drop to 12,000-13,000 UAH/t by mid-September, then a rise in November-December.
Seasonal harvest pressure points to near-term weakness in sunflower meal costs before a possible recovery late in the year.
apk-inform.comAug 22, 2023Not 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.
