# China has become a new driver for the sunflower meal market in the world - экономические новости от компании ПионерПродукт / PionerProdukt

> Russia exported over 1.36 million tons of sunflower meal in the 2018/19 season as of early July, already exceeding the last four seasons, with full-season exports possibly reaching 1.4-1.5 million tons. Ukrainian meal shipments to China have surged to 837 thousand tons, over 20% of exports, making China the largest sunflower meal importer after the EU.

- Date: 2019-07-25 · published 2019-07-25T12:00:00.000Z
- Category: trade · region Black Sea · magnitude low
- Page: https://feedsoft.ai/events/58210-china-has-become-a-new-driver-for-the-sunflower-meal-market-in-the-world
- Commodities: [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Strong Chinese demand for protein meal is pulling sunflower meal away from the EU and Belarus, tightening available supply and supporting meal prices for feed buyers. Sunflower meal competes with soybean and rapeseed meal, so firm sunflower demand can support protein meal values.

## Read by commodity

- SBM: neutral
- CANMEAL: neutral
- SUNMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2023-07-12 | [Ukraine retains leadership in the Chinese sunflower meal market](https://feedsoft.ai/events/35158-ukraine-retains-leadership-in-the-chinese-sunflower-meal-market.md) | +5.0% | +3.5% |
| SBM | 2017-11-23 | [China's pig farmers go north, upending world's top meat, grain market](https://feedsoft.ai/events/67972-china-s-pig-farmers-go-north-upending-world-s-top-meat-grain-market.md) | +0.0% | -3.1% |
| SBM | 2023-01-31 | [The EU has reduced its interest in Ukrainian sunflower meal](https://feedsoft.ai/events/37884-the-eu-has-reduced-its-interest-in-ukrainian-sunflower-meal.md) | -0.2% | +0.8% |
| SBM | 2022-11-14 | [Kazakhstan plans to start exporting sunflower meal/cake to China in 2023 – NOPA](https://feedsoft.ai/events/38794-kazakhstan-plans-to-start-exporting-sunflower-meal-cake-to-china-in-2023-nopa.md) | +0.4% | +9.0% |
| SBM | 2018-09-08 | [Sunflower meal — China & Ukraine](https://feedsoft.ai/events/63144-sunflower-meal-china-and-ukraine.md) | -2.2% | +0.4% |

## Sources

- pionerprodukt.by: https://pionerprodukt.by/en/economic/kitai-stal-novim-draiverom-dlya-rinka-podsolnechnogo-shrota-v-mire.html

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