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Ukraine exported 453,000 tonnes of sunflower oil in May, 91,000 tonnes below the April record. Crude sunflower oil purchase prices fell $50-60/t to $710-720/t for Danube deliveries.
Shipments to the EU have nearly stopped for lack of demand.
Strong export flow pressures sunflower oil prices lower, while weak EU demand limits sales. Lower oil prices reduce processor margins.
ukragroconsult.comJun 2, 2023After 152 past bearish trade events, Soybean Oil moved a median -0.2% over 5 sessions (47% higher; middle half -2.1% to +2.1%), and -0.1% over 20.
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.
