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In Ukraine since the beginning of the harvesting of sunflower, the price of oil from raw materials of a new crop came down
In addition, prices under pressure from the expectation of good harvest of oilseeds in the country.
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As reported by market operators, attractive purchase prices was provoked by the activity of farmers ' proposals for the sale of the oilseed.

As a result, the market increased number of proposals for the supply of oil, which affects the further reduction of prices.

Sunflower prices for delivery in October dropped to $715-717/t on the basis FOB Black sea versus $725-730/MT last week. Oil delivery in the period November-December are estimated at $710-720/t

We will remind, on August 21, the price of sunflower oil were at the level of $730/t FOB (delivery in September) and 710-715 $/t FOB (delivery in October).

In addition, more attractive proposals for the supply of sunflower oil from Argentina compete with the Ukrainian proposals.

 

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Translated by service "Yandex.Translation"
Источники: Зерно Он-Лайн