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Ukroliyaprom head S. Kapshuk outlined his view of Ukraine's oilseed market and processing development.
He noted India raised its import duty on unrefined sunflower oil to 25% from November 1, 2017, and that India took 43% of Ukraine's crude sunflower oil exports in September-October.
A higher Indian duty on crude oil pushes processing toward in-country crushing, which could cut Ukrainian sunflower oil export demand and weigh on sunflower meal and seed prices.
Not 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.