# Sunflower prices rise after the price of oil

> Export prices for Ukrainian and Russian sunflower oil rose $20/t last week to $760-770/t FOB Black Sea, the highest since January 2017. Ukraine's seed purchase prices also rose, and USDA projects record sunflower harvests in Russia and Ukraine.

- Date: 2017-08-29 · published 2017-08-29T12:00:00.000Z
- Category: market · region Black Sea · magnitude low
- Page: https://feedsoft.ai/events/69564-sunflower-prices-rise-after-the-price-of-oil
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md)

## Why it matters

Higher vegetable oil prices and expected large harvests create conflicting signals, with record crops likely to weigh on prices later in the season.

## Read by commodity

- SBO: bullish ▲
- SUNMEAL: neutral

## Sources

- graintrade.com.ua: https://graintrade.com.ua/en/novosti/tcini-na-sonyashnik-zrostayut-slidom-za-vartistyu-olii.html

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