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The Kernel company loaded a record 63,000 tons of sunflower meal onto the vessel JY LAKE at the Nika-Tera port in Mykolaiv, with additional loading at Ochakov roads. The cargo is bound for China.
It is the third absolute export record for the company in the past year.
Record Ukrainian sunflower meal exports to China add supply to the global protein meal market and may pressure sunflower meal prices, while strong Chinese demand supports the outlook for the export trade.
Not 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.