# The growth in demand for oil supports prices on sunflower

> Ukrainian sunflower seed stocks as of March 1, 2018 were 4.348 million tonnes, 383 thousand tons below a year earlier. Refined sunflower oil export prices rose by $10-15 per ton in March, and processors raised sunflower seed prices by 100-150 UAH per ton.

- Date: 2018-04-04 · published 2018-04-04T12:00:00.000Z
- Category: market · region Ukraine · magnitude low
- Page: https://feedsoft.ai/events/65620-the-growth-in-demand-for-oil-supports-prices-on-sunflower
- Commodities: [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Tighter Ukrainian sunflower supplies and firmer oil prices support sunflower complex values, with drought in Argentina also lifting soybean complex prices.

## Read by commodity

- SBO: bullish ▲
- SOY: bullish ▲
- SUNMEAL: bullish ▲

## Sources

- graintrade.com.ua: https://graintrade.com.ua/en/novosti/zrostannya-popitu-na-oliyu-pidtrimue-tcini-na-sonyashnik.html

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