# Ukraine and Russia on the global market of sunflower oil — strong leadership positions

> 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.

- Date: 2019-04-22 · published 2019-04-22T12:00:00.000Z
- Category: market · region Black Sea · magnitude low
- Page: https://feedsoft.ai/events/59709-ukraine-and-russia-on-the-global-market-of-sunflower-oil-strong-leadership
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Rising Black Sea sunflower oil supply and exports weigh on vegetable oil prices and compete with soybean and palm oil in feed-fat markets.

## Read by commodity

- SBO: bearish ▼
- PALMOIL: bearish ▼

## Sources

- apk-inform.com: https://www.apk-inform.com/en/exclusive/topic/1109106

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