# Suspension of purchases by processors brought down sunflower prices in Ukraine

> Ukrainian processors stopped buying sunflower seed in late May because they could not sell their sunflower oil stocks at high prices. Purchase prices for sunflower delivered to plants fell 20-25% to 20,000-20,500 UAH per tonne. Analysts warn prices could fall to 18,000-19,000 UAH if oil demand does not recover.

- Date: 2021-06-01 · published 2021-06-01T12:00:00.000Z
- Category: market · region Ukraine · magnitude low
- Page: https://feedsoft.ai/events/46728-suspension-of-purchases-by-processors-brought-down-sunflower-prices-in-ukraine
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Weak sunflower oil demand and processors' unsold stocks cut crush margins and seed prices, which points to lower sunflower oil values until stocks clear.

## Read by commodity

- SBO: bearish ▼

## Sources

- graintrade.com.ua: https://graintrade.com.ua/en/novosti/zupinennya-zakupivel-pererobnikami-obvalilo-tcini-na-sonyashnik-v-ukraini.html

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