# Ukrainian sunflower oil could hit $700/mt as demand absorbs tight supply

> Ukrainian sunflower oil prices could reach $700/mt as processors struggle to source seed because farmers are holding stocks for higher prices. FOB Chornomorsk March-loading parcels were assessed at $668/mt on Monday.

- Date: 2019-01-29 · published 2019-01-29T12:00:00.000Z
- Category: market · region Black Sea · magnitude low
- Page: https://feedsoft.ai/events/61210-ukrainian-sunflower-oil-could-hit-700-mt-as-demand-absorbs-tight-supply
- Commodities: [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Tight sunflower seed supply and rising oil prices reduce crush output, which tightens sunflower meal supply and supports meal prices for feed buyers.

## Read by commodity

- SBO: bullish ▲
- SUNMEAL: bullish ▲

## Sources

- spglobal.com: https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/agriculture/012919-ukrainian-sunflower-oil-could-hit-700-mt-as-demand-absorbs-tight-supply

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