# Sunflower prices get support from oil market - Commodity Board Europe is an independent commodity market intelligence platform providing global production data, price insights and market analysis for agricultural and food commodities.

> Oilseed prices have risen rapidly this season as the global rapeseed crop shrank and South American soybean output fell. Sunflower prices are under pressure from a large harvest and weak sunflower oil demand, though sunflower oil rose slightly to $1,400/t FOB.

- Date: 2022-02-09 · published 2022-02-09T12:00:00.000Z
- Category: market · region Black Sea · magnitude low
- Page: https://feedsoft.ai/events/42811-sunflower-prices-get-support-from-oil-market-commodity-board-europe-is-an
- Commodities: [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Rising soybean and palm oil prices support sunflower complex values, but a bumper crop and weak demand cap the upside for sunflower meal and oil.

## Read by commodity

- SBO: bullish ▲
- SOY: bullish ▲
- SUNMEAL: neutral

## Sources

- commodity-board.com: https://commodity-board.com/sunflower-prices-get-support-from-oil-market/

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