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.
Translated by service "Yandex.Translation"