# Sunflower prices falling after the oil quotes

> Sunflower seed and oil prices in Ukraine are falling alongside weaker vegetable oil markets, with Malaysian palm oil futures down 0.9% and Chicago soybean oil down to about $634.5/t. Ukrainian sunflower oil bids were around $690/t FOB, and the 2019 Ukrainian sunflower seed harvest is forecast at 15 million tons. Chinese soybean buying briefly lifted soybean prices before a holiday reduced demand.

- Date: 2019-09-30 · published 2019-09-30T12:00:00.000Z
- Category: market · region Black Sea · magnitude low
- Page: https://feedsoft.ai/events/57168-sunflower-prices-falling-after-the-oil-quotes
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Ample supply and weaker demand for vegetable oils push down sunflower and soy oil values, which weighs on feed-related meal and oil prices. The decline reflects a broad seasonal oilseed trend.

## Read by commodity

- SBO: bearish ▼
- PALMOIL: bearish ▼
- SUNMEAL: bearish ▼

## Sources

- graintrade.com.ua: https://graintrade.com.ua/en/novosti/tcini-na-sonyashnik-padayut-slidom-za-kotiruvannyami-olii.html

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