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The shortage of sunflower leads to an increase in prices

24/ 09/ 2021
  The shifted start and the current weather conditions in the Dnepropetrovsk and Zaporozhye regions have suspended the sunflower harvesting company. This led to a shortage of sunflower seeds in the domestic market for purchase by processors and trading companies. The price offers of the main oil producers to date have been announced at UAH 18,300-18,700 per ton on FCA terms and UAH 18,700-19500, per ton with delivery to the plant, but there are no active sales. Also, the increase in prices for sunflower is fueled by a slow but steady increase in prices for vegetable oils. At the same time, there is a change in the trend of sunflower intake at G.R. Agro elevators. Agricultural producers are moving away from direct sales of sunflower in the direction of free storage in elevators.

The shifted start and the current weather conditions in the Dnepropetrovsk and Zaporozhye regions have suspended the sunflower harvesting company. This led to a shortage of sunflower seeds in the domestic market for purchase by processors and trading companies.

The price offers of the main oil producers to date have been announced at UAH 18,300-18,700 per ton on FCA terms and UAH 18,700-19500, per ton with delivery to the plant, but there are no active sales. Also, the increase in prices for sunflower is fueled by a slow but steady increase in prices for vegetable oils.

At the same time, there is a change in the trend of sunflower intake at G.R. Agro elevators. Agricultural producers are moving away from direct sales of sunflower in the direction of free storage in elevators.

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