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Kernel shipped its first sunflower meal shipload lot to China, a 48 thousand ton cargo, days after signing export protocols. Sunflower meal prices in Ukrainian ports rose from USD 180 to USD 220 per ton after the first shipment and are now reaching USD 260 per ton FOB.
Chinese buyers are turning to Ukrainian sunflower meal as US protein supplies are constrained by the trade dispute, tightening the global protein meal market and supporting meal prices.
latifundist.comСлужба новостейApr 27, 2018Not enough comparable past events yet for a historical read.
After 342 past bullish trade events, Soybean Meal moved a median +0.1% over 5 sessions (51% higher; middle half -1.1% to +2.6%), and +0.6% over 20.
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.
