# Sunflower prices in Ukraine accelerated their decline under pressure from lower prices for vegetable oils 16.12.2021 - UkrAgroConsult

> Ukrainian sunflower prices fell after USDA raised its global sunflower production forecast by 1.04 million tons to 57.04 million. Purchase prices fell 800-1000 UAH/ton as palm and soybean oil also declined.

- Date: 2021-12-16 · published 2021-12-16T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/43707-sunflower-prices-in-ukraine-accelerated-their-decline-under-pressure-from-lower
- Commodities: [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

A larger global sunflower crop and weaker vegetable oils pressure sunflower meal and seed prices, though Egyptian tender buying gave some support.

## Read by commodity

- SBO: bearish ▼
- PALMOIL: bearish ▼
- SUNMEAL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2018-01-21 | [Vegetable oil prices decline to 5-month low  : The Daily Digest](https://feedsoft.ai/events/67047-vegetable-oil-prices-decline-to-5-month-low-the-daily-digest.md) | +1.6% | -2.3% |
| SBO | 2024-05-17 | [FNB News - Ukraine to remain world's largest exporter of sunflower oil though decline in processing \| FNB News](https://feedsoft.ai/events/30379-fnb-news-ukraine-to-remain-world-s-largest-exporter-of-sunflower-oil-though.md) | +1.6% | +2.7% |
| SBO | 2017-04-05 | [FAO Food Price Index dips again in April, led by sugar and vegetable oils](https://feedsoft.ai/events/6872-fao-food-price-index-dips-again-in-april-led-by-sugar-and-vegetable-oils.md) | -1.1% | +2.8% |
| SBO | 2017-09-18 | [Ukraine kept the leading positions in sunflower oil production and exports - Ukroliyaprom -](https://feedsoft.ai/events/69078-ukraine-kept-the-leading-positions-in-sunflower-oil-production-and-exports.md) | -1.6% | -3.1% |
| SBO | 2022-06-14 | [COVID in China and the war in Ukraine remain the main factors influencing the oil markets 14.06.2022 - UkrAgroConsult](https://feedsoft.ai/events/7218-covid-in-china-and-the-war-in-ukraine-remain-the-main-factors-influencing-the.md) | -7.4% | -18.5% |
| PALMOIL | 2022-06-22 | [Accelerating harvesting in the United States and raising harvest forecasts for Russia are lowering wheat prices 22.06.2022 - UkrAgroConsult](https://feedsoft.ai/events/12702-accelerating-harvesting-in-the-united-states-and-raising-harvest-forecasts-for.md) | -0.9% | -29.2% |
| PALMOIL | 2017-04-05 | [FAO Food Price Index dips again in April, led by sugar and vegetable oils](https://feedsoft.ai/events/6872-fao-food-price-index-dips-again-in-april-led-by-sugar-and-vegetable-oils.md) | -0.3% | -1.6% |
| PALMOIL | 2024-03-27 | [Fitch: Higher global vegetable oil supply to drag CPO prices lower in Q2 \| Malay Mail](https://feedsoft.ai/events/31287-fitch-higher-global-vegetable-oil-supply-to-drag-cpo-prices-lower-in-q2-malay.md) | +3.8% | -2.1% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/sunflower-prices-in-ukraine-accelerated-their-decline-under-pressure-from-lower-prices-for-vegetable-oils/

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