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Demand for Ukrainian sunflower seed eased slightly as manufacturers increased offers and export demand for sunflower oil weakened amid large crude oil stocks in ports. Sunflower oil FOB prices fell $10/t to $755-765/t and seed prices dropped 50-100 UAH/t.
APK-Inform cut its 2017/18 Ukrainian sunflower oil export forecast to 5.15 million tonnes.
Weaker oil export demand and port glut pressure sunflower oil and meal values, narrowing processor margins and limiting seed price support.
graintrade.com.uaMay 16, 2018Not 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.
