# Ukraine: sunoil facing heavy competition – Business World

> Ukraine harvested a bumper 2016 sunseed crop of about 14 MMT, enabling record sunoil production of 2.5 MMT and exports above 2.2 MMT in the first five months of 2016/17. Sunseed exports are also rising.

- Date: 2017-03-14 · published 2017-03-14T12:00:00.000Z
- Category: trade · region Ukraine · magnitude low
- Page: https://feedsoft.ai/events/72098-ukraine-sunoil-facing-heavy-competition-business-world
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md)

## Why it matters

Large Ukrainian sunoil supply pressures vegoil prices, and export potential depends on world prices of competing vegetable oils.

## Read by commodity

- SBO: bearish ▼
- PALMOIL: bearish ▼
- SUNMEAL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2020-05-27 | [Black Sea region: Sharpening competition in the sunflower oil market](https://feedsoft.ai/events/53255-black-sea-region-sharpening-competition-in-the-sunflower-oil-market.md) | +2.5% | +3.3% |
| SBO | 2021-10-27 | [Black Sea region: competition for the buyer in the sun oil market will continue in the new season 27.10.2021 - UkrAgroConsult](https://feedsoft.ai/events/44660-black-sea-region-competition-for-the-buyer-in-the-sun-oil-market-will-continue.md) | -1.6% | -4.9% |
| SBO | 2024-12-04 | [Sunflower prices in Ukraine remain under pressure from falling export prices for sunflower oil](https://feedsoft.ai/events/27070-sunflower-prices-in-ukraine-remain-under-pressure-from-falling-export-prices.md) | +2.9% | -0.0% |
| SBO | 2019-04-23 | [Ukraine and Russia increase the production of sunflower oil](https://feedsoft.ai/events/59716-ukraine-and-russia-increase-the-production-of-sunflower-oil.md) | -2.9% | -4.2% |
| SBO | 2017-04-01 | [LDN - Business](https://feedsoft.ai/events/71346-ldn-business.md) | -0.5% | +0.3% |
| PALMOIL | 2023-04-27 | [Vegetable oil market: Competitiveness declines, CPO price sinks](https://feedsoft.ai/events/4385-vegetable-oil-market-competitiveness-declines-cpo-price-sinks.md) | -10.0% | -8.3% |
| PALMOIL | 2019-04-23 | [Ukraine and Russia increase the production of sunflower oil](https://feedsoft.ai/events/59716-ukraine-and-russia-increase-the-production-of-sunflower-oil.md) | -0.4% | -6.6% |
| PALMOIL | 2022-05-22 | [Malaysia sees sustained competitiveness even as Indonesia resumes palm oil exports](https://feedsoft.ai/events/41497-malaysia-sees-sustained-competitiveness-even-as-indonesia-resumes-palm-oil.md) | +1.8% | -10.6% |

## Sources

- smiraponitke.com: https://smiraponitke.com/2017/03/14/ukraine-sunoil-facing-heavy-competition.html

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