Demand for Ukrainian refined deodorized sunflower oil decreased slightly – APK-Inform

Source

APK-Inform

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According to APK-Inform, the demand from importers on Ukrainian refined deodorized sunflower oil decreased slightly, however, it remains quite high.

Higher export of crude sunflower oil and large shipments of Ukrainian sunflower seed to Europe in April-May pressured the demand for refined deodorized oil, as European crushers managed to increase their own production. Moreover, higher number of medium and small processing enterprises resumed operating in Ukraine recently amid lower prices of sunflower seed and mass selling by farmers. That led to more offers of refined oil and pressured the prices of the oil. Logistics remains a weak spot that keep on pressuring the prices and preventing stronger exports.  

As of May 26, the offer prices of Ukrainian refined deodorized sunflower oil totaled 1750-1910 EUR/t FCA.

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