# Black Sea region may enter new season with record sunflower seed stocks

> Russia's invasion of Ukraine has put nearly the entire Ukrainian oilseed processing sector in a risk zone, and crushing plants have suspended operations. Major sunflower oil importers are postponing purchases from Ukraine and Russia due to shipping risks in the Black Sea.

- Date: 2022-02-28 · published 2022-02-28T12:00:00.000Z
- Category: geopolitics · region Black Sea · magnitude high
- Page: https://feedsoft.ai/events/42809-black-sea-region-may-enter-new-season-with-record-sunflower-seed-stocks
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Halted crushing and stalled sunoil exports remove a large share of global vegoil supply, supporting vegetable oil and meal prices while the region's ending stocks may rise.

## Read by commodity

- SBO: bullish ▲
- PALMOIL: bullish ▲
- SUNMEAL: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| PALMOIL | 2022-03-01 | 5 | +15.0% | 4.4 | Ukrainian crushing plants suspended and importers postponed purchases, tightening sunflower oil supply and supporting palm. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2022-07-07 | [Ukraine exported a record amount of sunflower, but will cut production in half in the new season 07.07.2022 - UkrAgroConsult](https://feedsoft.ai/events/40603-ukraine-exported-a-record-amount-of-sunflower-but-will-cut-production-in-half.md) | -1.5% | +0.6% |
| SBO | 2026-08-25 | [Cuts to Sunflower yields and Black Sea Disruption Converge](https://feedsoft.ai/events/12897-cuts-to-sunflower-yields-and-black-sea-disruption-converge.md) | +1.8% | +3.5% |
| SBO | 2022-11-01 | [Palm oil surges nearly 5% on worries over Black Sea supplies - Markets - Business Recorder](https://feedsoft.ai/events/8072-palm-oil-surges-nearly-5-on-worries-over-black-sea-supplies-markets-business.md) | +4.0% | +0.2% |
| SBO | 2022-04-15 | [Ukraine says grain on ships in blocked Black Sea ports may deteriorate \| Reuters](https://feedsoft.ai/events/14494-ukraine-says-grain-on-ships-in-blocked-black-sea-ports-may-deteriorate-reuters.md) | +3.2% | +2.7% |
| SBO | 2022-10-31 | [Palm rises over 4% after Russia pulls out of Black Sea export corridor - Markets - Business Recorder](https://feedsoft.ai/events/8074-palm-rises-over-4-after-russia-pulls-out-of-black-sea-export-corridor-markets.md) | +3.1% | +0.8% |
| PALMOIL | 2022-11-01 | [Palm oil surges nearly 5% on worries over Black Sea supplies - Markets - Business Recorder](https://feedsoft.ai/events/8072-palm-oil-surges-nearly-5-on-worries-over-black-sea-supplies-markets-business.md) | +13.1% | +9.0% |
| PALMOIL | 2022-10-31 | [Palm rises over 4% after Russia pulls out of Black Sea export corridor - Markets - Business Recorder](https://feedsoft.ai/events/8074-palm-rises-over-4-after-russia-pulls-out-of-black-sea-export-corridor-markets.md) | +11.7% | +9.1% |
| PALMOIL | 2023-07-24 | [Palm oil up over news on Ukraine port attack - Markets - Business Recorder](https://feedsoft.ai/events/11937-palm-oil-up-over-news-on-ukraine-port-attack-markets-business-recorder.md) | +0.1% | -3.3% |

## Sources

- apk-inform.com: https://www.apk-inform.com/en/news/1525341

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