# Vegoil market: increasing price spreads between sunflower oil and soy oil

> Sunflower oil prices have risen relative to soybean oil as Ukraine's sunflower harvest fell 34%, yet world sunflower prices fell because of record global oilseed and vegoil supplies and weak import demand. The article says the price gap favouring sunflower oil could shift the balance.

- Date: 2023-01-04 · published 2023-01-04T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/37897-vegoil-market-increasing-price-spreads-between-sunflower-oil-and-soy-oil
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md)

## Why it matters

A narrower spread would move buyers toward soybean oil and sunflower oil, influencing crush margins and the value of meal byproducts across vegetable oil markets.

## Read by commodity

- SBO: neutral
- SUNMEAL: neutral

## Sources

- agrisupp.com: https://agrisupp.com/en/news/1684

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