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Scoular's sunflower division says global demand for sunflower oil is rising, led by health-conscious consumers and Asia-Pacific, which accounts for 40% of demand. Global carryout stocks are expected to fall about 20% in the coming year on higher export demand from China and India.
Tight stocks-to-use ratios support sunflower prices into 2020, which can firm the cost of sunflower-based feed ingredients. The outlook relies on continued export demand from China and India.
grainews.caGFM Network NewsFeb 15, 2020Not 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.
