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Kazakhstan set export quotas of 15 KMT per month for sunflower seed and 32 KMT per month for sunflower oil from September 6, 2021 to February 1, 2022. Kazakh crushers argue the oil and meal quotas are too small and have asked for increases to 71-82 KMT for oil and 101-115 KMT for meal.
Export quotas trap sunflower meal and oil domestically, creating surpluses that depress local prices while limiting supply to world markets.
ukragroconsult.comSep 10, 2021Not enough comparable past events yet for a historical read.
After 351 past bearish policy events, Soybean Oil moved a median -0.0% over 5 sessions (49% higher; middle half -1.7% to +1.8%), and -0.2% over 20.
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.
