
Stepan Kapshuk, Director General of Ukroliyaprom, said at the Fat & Oil Industry 2026 event that Ukraine's oils and fats sector aims to restore sunflower oil exports to Asia. Ukraine has supplied no oil to India in the past three months as rivals expand output.
He named Russia and Argentina as competitors, with Argentina having added more than 1 million tonnes of sunflower production in two to three years.
Losing Asian buyers to Argentina and Russia could weigh on Ukrainian sunflower oil export volumes and prices, while India and China remain the key destinations to contest. The impact on global benchmark prices is limited.
Not enough comparable past events yet for a historical read.
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.