# The price of sunflower oil is growing in other vegetable oils -

> Ukrainian sunflower oil prices rose after palm and soybean oil gained, with Malaysian palm futures up 1.9% on the biggest daily gain since January. Crude oil rose about 3% to $69.8 a barrel and Chicago soybean oil firmed on US-China trade hopes. Black Sea sunflower oil offers rose to $655-660 per ton FOB.

- Date: 2019-04-03 · published 2019-04-03T12:00:00.000Z
- Category: market · region Black Sea · magnitude low
- Page: https://feedsoft.ai/events/59694-the-price-of-sunflower-oil-is-growing-in-other-vegetable-oils
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Higher crude and palm oil prices lift vegetable oil values across origins, supporting sunflower oil and reducing its discount to palm. Feed buyers should expect firmer oil-based feed ingredient costs in the near term.

## Read by commodity

- SBO: bullish ▲
- PALMOIL: bullish ▲

## Sources

- uga.ua: https://uga.ua/en/shortnews/the-price-of-sunflower-oil-is-growing-in-other-vegetable-oils/

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