# The price of sunflower growing because of the devaluation of the hryvnia

> The Ukrainian hryvnia depreciated to 26.7-26.8 UAH per dollar, lifting domestic purchase prices for grains and oilseeds. Sunflower seed prices rose 50-100 UAH per tonne, while sunflower oil prices continued to decline with global vegetable oil trends.

- Date: 2017-10-06 · published 2017-10-06T12:00:00.000Z
- Category: macro · region Ukraine · magnitude low
- Page: https://feedsoft.ai/events/68575-the-price-of-sunflower-growing-because-of-the-devaluation-of-the-hryvnia
- Commodities: [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Currency-driven farm-gate price increases tighten local oilseed availability, though falling vegetable oil prices and rising Malaysian palm stocks weigh on oil values.

## Read by commodity

- PALMOIL: bearish ▼
- SUNMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2020-03-13 | [Crude oil sell-offs see prices for palm oil decline \| Analysis & Features \| The Grocer](https://feedsoft.ai/events/54237-crude-oil-sell-offs-see-prices-for-palm-oil-decline-analysis-and-features-the.md) | -2.8% | -3.9% |
| PALMOIL | 2017-08-30 | [Strong euro supports biodiesel prices despite falling veg oils  : The Daily Digest](https://feedsoft.ai/events/69542-strong-euro-supports-biodiesel-prices-despite-falling-veg-oils-the-daily-digest.md) | +3.6% | +5.8% |
| PALMOIL | 2020-03-09 | [Oil plunges 25%, hit by erupting Saudi-Russia oil price war](https://feedsoft.ai/events/4419-oil-plunges-25-hit-by-erupting-saudi-russia-oil-price-war.md) | -6.5% | -12.1% |
| PALMOIL | 2020-09-30 | [Prices for vegetable oil are falling after oil quotations](https://feedsoft.ai/events/51197-prices-for-vegetable-oil-are-falling-after-oil-quotations.md) | -2.4% | +1.7% |
| PALMOIL | 2021-12-01 | [The fall in the price of oil pulls down quotes for vegetable oils 01.12.2021 - UkrAgroConsult](https://feedsoft.ai/events/5260-the-fall-in-the-price-of-oil-pulls-down-quotes-for-vegetable-oils-01-12-2021.md) | -3.6% | -6.2% |

## Sources

- graintrade.com.ua: https://graintrade.com.ua/en/novosti/tcina-na-sonyashnik-zrostae-cherez-devalvatciyu-grivni.html

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