# Ukraine: European buyers increase bid prices for soybean oil – Business World

> Ukrainian crude soybean oil bid prices rose by about $5-10 per ton in the week to October 6, reaching $740-760 per ton FCA. The increase came from firm demand by European buyers against limited offers.

- Date: 2017-10-10 · published 2017-10-10T12:00:00.000Z
- Category: trade · region Black Sea · magnitude low
- Page: https://feedsoft.ai/events/68547-ukraine-european-buyers-increase-bid-prices-for-soybean-oil-business-world
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Stronger European demand for Black Sea soyoil with thin offers supports export prices and the broader soyoil complex.

## Read by commodity

- SBO: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2024-12-11 | [Export demand surging for US corn, soybean oil \| Baking Business](https://feedsoft.ai/events/26904-export-demand-surging-for-us-corn-soybean-oil-baking-business.md) | -2.0% | -2.2% |
| SBO | 2021-01-27 | [The sharp rise in prices of soybean oil will support prices for sunflower oil and sunflower](https://feedsoft.ai/events/49249-the-sharp-rise-in-prices-of-soybean-oil-will-support-prices-for-sunflower-oil.md) | +3.8% | +13.1% |
| SBO | 2021-01-21 | [World exports of soybean oil fell by 45%](https://feedsoft.ai/events/49248-world-exports-of-soybean-oil-fell-by-45.md) | +2.8% | +10.0% |
| SBO | 2023-10-11 | [Lower sunflower seed prices in the EU and Ukraine](https://feedsoft.ai/events/33750-lower-sunflower-seed-prices-in-the-eu-and-ukraine.md) | +5.1% | -0.7% |
| SBO | 2022-08-15 | [Demand for grain and soybean derivatives from the US and BR increases - Revista Cultivar](https://feedsoft.ai/events/6710-demand-for-grain-and-soybean-derivatives-from-the-us-and-br-increases-revista.md) | -2.4% | +1.1% |

## Sources

- smiraponitke.com: https://smiraponitke.com/2017/10/10/ukraine-european-buyers-increase-bid-prices-for-soybean-oil.html

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