New crop sunflower cuts sunoil and meal prices

The high pace of sunflower harvesting in Ukraine and the sale of seeds by agriproducers led to a decline in export prices for sunflower oil and meal.

Demand prices for sunflower oil with delivery in October fell to 700-705 USD/t FOB Chernomorsk, 15-20 USD/t lower from the previous week. Demand prices for granulated sunflower meal fell to 200 USD/t FOB.

Ukrainian traders report the market is under pressure from the actively traded by producers new crop.

 

Latifundist.com

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