
Palm oil futures on Bursa Malaysia fell 3.3% over the past week to $1,118/t, and CBOT soybean oil fell 2.2% to $1,438/t. Russian-origin sunflower oil held at $1,275-1,300/t FOB St. Petersburg, while Indian-bound offers eased to $1,450-1,470/t.
Ukrainian domestic sunflower oil fell to $900-950/t FCA plant because of logistics costs.
Lower crude oil prices and expectations of higher palm and soy oil stocks are pushing vegetable oil benchmarks down, which eases the cost of edible and feed oil inputs. Sunflower oil stays firm in export markets because of shipment delays, so the discount between origins is widening.
Not enough comparable past events yet for a historical read.
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.