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Ukraine exported 390 thousand tonnes of sunflower meal in October 2022/23, up 10% month on month and the largest monthly volume since the war began. Chinese buyers took 224 thousand tonnes, the most since March 2022, supporting domestic meal prices.
Shipments were expected to slow in November amid reduced deep-sea port activity and uncertainty over the grain deal.
Strong Chinese demand for Ukrainian sunflower meal tightens an already thin meal supply and supports sunflower meal prices, while a November slowdown would ease that pressure.
apk-inform.comNov 25, 2022Not 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.
