Loading…
Ukrainian outlets report USDA forecasts for record-level sunflower oil exports, with 2017-18 production of 5.63 million tonnes and 2016 exports of a record 4.8 million tonnes worth $4.8 billion. The article also cites 2016 crude oil output growth of 20.2%.
Record export capacity and large supplies from Ukraine, the world's largest sunflower oil exporter, point to ample global vegetable oil availability and softer prices.
unian.infoMay 12, 2017After 146 past bearish report events, Soybean Oil moved a median -0.0% over 5 sessions (49% higher; middle half -1.8% to +1.9%), and +0.4% over 20.
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.
