# Can increase the price of sunflower oil - IKAR in Mass Media | IKAR.ru

> The Russian Federal Antimonopoly Service began daily monitoring of food prices on March 23, with sunflower oil among the products watched. World sunflower oil prices fell to about $620 per tonne, a record low since 2008, while domestic seed prices in Russia rose as the weaker ruble lifted offers.

- Date: 2020-03-25 · published 2020-03-25T12:00:00.000Z
- Category: policy · region Black Sea · magnitude low
- Page: https://feedsoft.ai/events/54254-can-increase-the-price-of-sunflower-oil-ikar-in-mass-media-ikar-ru
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Record-low world sunflower oil prices tied to weaker oil markets are being partly offset by ruble-driven domestic increases, and government price monitoring could add policy pressure on Russian oil prices.

## Read by commodity

- SBO: bearish ▼
- BRENT: bearish ▼
- SUNMEAL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2026-04-24 | [Russian govt increases base prices for sunflower oil, meal for calculating export duties](https://feedsoft.ai/events/19823-russian-govt-increases-base-prices-for-sunflower-oil-meal-for-calculating.md) | +3.9% | +0.6% |
| SBO | 2023-09-19 | [Turkey introduced reference prices for sunflower and sunflower oil](https://feedsoft.ai/events/34215-turkey-introduced-reference-prices-for-sunflower-and-sunflower-oil.md) | -4.2% | -5.0% |
| SBO | 2022-03-09 | [Oil prices tumble after UAE says it wants OPEC to increase production \| CNN Business](https://feedsoft.ai/events/5821-oil-prices-tumble-after-uae-says-it-wants-opec-to-increase-production-cnn.md) | -6.9% | +240.0% |
| SBO | 2023-03-24 | [Soybean Oil Prices in South America Hit Two-Year Low](https://feedsoft.ai/events/36961-soybean-oil-prices-in-south-america-hit-two-year-low.md) | -0.6% | -2.6% |
| SBO | 2018-12-04 | [Indonesia relaxes palm oil levy rules \| The Star](https://feedsoft.ai/events/61467-indonesia-relaxes-palm-oil-levy-rules-the-star.md) | +1.4% | -0.5% |
| BRENT | 2025-11-01 | [Oil settles lower as OPEC plans to increase oil output](https://feedsoft.ai/events/22562-oil-settles-lower-as-opec-plans-to-increase-oil-output.md) | -2.4% | -2.5% |
| BRENT | 2021-02-24 | [OPEC+ Considers Production Increase At March Meeting \| OilPrice.com](https://feedsoft.ai/events/48553-opec-considers-production-increase-at-march-meeting-oilprice-com.md) | -3.6% | -7.5% |
| BRENT | 2025-06-01 | [OPEC+ to Increase Oil Production—Again](https://feedsoft.ai/events/24856-opec-to-increase-oil-production-again.md) | +4.9% | +7.0% |

## Sources

- ikar.ru: https://www.ikar.ru/1/en/press/2528/

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