# Sunflower prices in Ukraine began to rise following vegetable oil markets

> Ukrainian sunflower oil prices rose to about $700/t after palm and soybean oil quotes gained for five sessions. Processors raised sunflower seed bids by 500-700 UAH/t. European buyers have not yet returned in volume.

- Date: 2023-06-20 · published 2023-06-20T12:00:00.000Z
- Category: market · region Ukraine · magnitude low
- Page: https://feedsoft.ai/events/35620-sunflower-prices-in-ukraine-began-to-rise-following-vegetable-oil-markets
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Firmer palm and soy oil prices pull up sunflower oil and seed values. Weak European demand limits how far the rebound can go.

## Read by commodity

- SBO: bullish ▲
- PALMOIL: bullish ▲

## Sources

- graintrade.com.ua: https://graintrade.com.ua/en/novosti/tcini-na-sonyashnik-v-ukraini-pochali-zrostati-slidom-za-rinkami-roslinnih-olij.html

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