SAFEX sunflower nearby contracts eased on 3 November 2026, with November at ZAR 10,330/t and December at ZAR 10,375/t, while forward months from March 2027 gained. Ukrainian sunflower seed prices fell modestly to EUR 0.39/kg FOB Odesa, while sunflower oil stayed firm on freight bottlenecks and delayed Black Sea shipments.
Softer seed values alongside firm oil reflect a split complex: comfortable South African supply and weaker Ukrainian origination pressure seed, while Black Sea logistics constraints keep oil prices supported. Buyers of meal and oil should expect logistics to dominate oil pricing.
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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.