# Processors restrain the growth of prices for sunflower seeds in Ukraine

> Ukrainian processors are holding sunflower seed purchase prices at 11,300-11,500 UAH/t after a hryvnia rally, below soybean and rapeseed prices. Oil World cut its 2017/18 world sunflower crop forecast to 48.52 million tons, with Ukraine reduced to 13.2 million tons.

- Date: 2018-02-21 · published 2018-02-21T12:00:00.000Z
- Category: weather · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/66613-processors-restrain-the-growth-of-prices-for-sunflower-seeds-in-ukraine
- Commodities: [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

A smaller Ukrainian and Russian crop and weaker vegetable oil prices tighten sunflower supply but pressure seed prices, which supports sunflower meal demand.

## Read by commodity

- PALMOIL: bearish ▼
- SUNMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2021-02-02 | [Groundhog Day. Grains Mostly Lower. - ADM Investor Services](https://feedsoft.ai/events/5825-groundhog-day-grains-mostly-lower-adm-investor-services.md) | -3.3% | +4.3% |
| PALMOIL | 2016-11-29 | [Fitch: Further CPO price rise to be constrained, despite rising biodiesel demand \| The Star](https://feedsoft.ai/events/10933-fitch-further-cpo-price-rise-to-be-constrained-despite-rising-biodiesel-demand.md) | +5.3% | +4.6% |
| PALMOIL | 2017-03-09 | [Palm Oil Prices to Drop as Production Rebounds, Demand Slows](https://feedsoft.ai/events/72110-palm-oil-prices-to-drop-as-production-rebounds-demand-slows.md) | -1.8% | -5.3% |
| PALMOIL | 2017-05-21 | [Palm oil production to rise in Indonesia - Oxford Business Group](https://feedsoft.ai/events/71097-palm-oil-production-to-rise-in-indonesia-oxford-business-group.md) | -0.3% | -3.9% |
| PALMOIL | 2017-01-17 | [Canola acres seen rising on high prices - AgCanada](https://feedsoft.ai/events/73084-canola-acres-seen-rising-on-high-prices-agcanada.md) | 0.0% | -1.7% |

## Sources

- graintrade.com.ua: https://graintrade.com.ua/en/novosti/pererobniki-strimuyut-zrostannya-tcin-na-sonyashnik-v-ukraini.html

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