# Purchase prices for sunflower after a record 15500 UAH/t turned down

> Ukrainian sunflower purchase prices fell from a record 15,000-15,500 UAH/t after oil and vegetable oil prices dropped sharply. Palm oil in Malaysia fell 2.4% and US soybean oil futures had their biggest daily drop in five months. Harvest pressure from new-crop offerings also weighed on Ukrainian sunflower oil.

- Date: 2020-09-22 · published 2020-09-22T12:00:00.000Z
- Category: market · region Ukraine · magnitude low
- Page: https://feedsoft.ai/events/51223-purchase-prices-for-sunflower-after-a-record-15500-uah-t-turned-down
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Lower vegetable oil prices reduce the value of sunflower and soy oil and the meal produced alongside, easing feed input costs, though the sunflower oil premium over soy still constrains demand.

## Read by commodity

- SBO: bearish ▼
- WTI: bearish ▼
- PALMOIL: bearish ▼
- SUNMEAL: neutral

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| SBO | 2020-09-23 | 5 | -8.1% | -3.0 | Reports US soybean oil futures had their biggest daily drop in five months alongside falling Malaysian palm oil, directly describing the selloff within the window. |

## Sources

- graintrade.com.ua: https://graintrade.com.ua/en/novosti/zakupivelni-tcini-na-sonyashnik-pislya-dosyagnennya-rekordnih-15500-grnt-rozvernulisya-don.html

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