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Ukraine and Russia together hold roughly 80% of global sunflower oil exports in 2018/19 as of early April, per APK-Inform citing USDA data. USDA estimates world sunflower oil output rose to 19.5 million tonnes from 18.3 million last season, with global exports near 10 million tonnes.
Rising Black Sea sunflower oil supply and exports weigh on vegetable oil prices and compete with soybean and palm oil in feed-fat markets.
apk-inform.comApr 22, 2019Not enough comparable past events yet for a historical read.
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.
