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Ukrainian sunflower seed prices fell about 12-16% in March as refiners cut purchases because of shipping difficulties through Black Sea ports and weaker oil export demand. Prices were recovering by early April.
The EU-27 is set to import record volumes of rapeseed and sunflower seed in 2022/23, mainly from Ukraine and Australia.
Record EU oilseed imports support demand for sunflower products, but Black Sea logistics and weak oil export demand keep processing margins and oil prices under pressure.
tridge.comNur HameedApr 3, 2023Not enough comparable past events yet for a historical read.
Not 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.
