Loading…
According to Ukraine's State Customs Service, China imported 1.69 million tonnes of Ukrainian sunflower meal in September-May 2020/21, up 5% year on year. China's share of Ukraine's sunflower meal exports rose to 45% from 39%, while Ukraine's total sunflower meal exports fell 9% to 3.75 million tonnes.
Stronger Chinese demand for Ukrainian meal supports sunflower meal export prices even as overall Ukrainian supply shrinks. The effect on world meal prices is modest.
Not 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.