Category: Sunflower oil

Ukraine Loses Share: Ukraine’s sunflower oil market share fell from 40% to 33% in Q1 2026 despite export volumes rebounding to 442,000 tons in April. Argentina Surges: Argentina’s share of global sunflower oil trade doubled to 16%, supported by record production and 208,000 tons exported in March. Trade Volumes Rise: Combined Q1 2026 exports from…

Trade momentum: Kazakhstan’s Q1 2026 trade turnover rose 10.5% year-on-year to $32.9 billion, with non-resource turnover up 13.5% to $20.4 billion. Export upgrade: Sunflower oil entered the top 5 non-resource exports as non-resource exports expanded 23.4% to $6.9 billion, underscoring a shift toward processed agri-products. Industry consolidation: Over 50 oil mills covering more than 90% of fats and…

Bullish: A 2-million-tonne drop in palm oil exports from key suppliers is expected to tighten global vegetable oil supply and support higher prices through September. Bullish for Sunflower Oil: Reduced palm oil availability should redirect demand toward Black Sea sunflower oil, improving its price competitiveness in Asia and Africa. Structural Support: Increased biodiesel production in…

New contract: ZCE will list sunflower oil futures in H2 2026, creating a regulated price benchmark in China. Kazakh advantage: Kazakhstan is now China’s second-largest sunflower oil supplier and top sunflower meal/cake supplier this season. China focus: FOC 2026 in Astana on June 5 will review China’s oil and meal balance and 2026/27 import outlook.…

Record exports: Argentina is projected to ship 1.18 million tonnes of sunflower oil between March and August, up 24% year-on-year. Stronger crushing: March sunflower seed crushing hit a record 565,000 tonnes versus 372,000 tonnes a year earlier, with elevated rates extending into April. Rising full-season exports: 2025/26 sunflower oil exports could reach 1.93 million tonnes,…

Ukrzaliznytsia’s April exports of vegetable oils slipped 1.3% month-on-month to 141,600 tons, signaling slightly tighter seaborne supply. Oilcake and meal exports fell more sharply by 6.5% to 237,900 tons, with land routes taking a growing share of volumes. Land border crossings strengthened their role as the primary export channel, particularly for oilcake, as port-based logistics…

Export duty cut: Russia slashes sunflower oil export duty by 71% in May, from 16,222.4 to 4,650 rubles/tonne. Meal duty removal: Sunflower meal export duty drops to zero from 749.6 rubles/tonne, boosting crushing margins. Price dynamics: Indicative sunflower oil price rises to $1,291.8/tonne while sunflower meal falls to $196.1/tonne. Market impact: Lower duties likely lift…

Price Gain: Refined bottled sunflower oil prices in Ukraine have risen 5.6% since the start of 2026. Market Signal: The increase points to early-year tightening in domestic supply or firmer demand within the Black Sea sunflower oil sector. Export Support: Higher Ukrainian domestic prices could underpin export quotations from the world’s leading sunflower oil supplier.…

Russia raises sunflower oil export price benchmark by 10%, from 82,500 to 90,750 rubles/ton, increasing duty costs for exporters. Sunflower meal base export price also climbs 10%, from 15,875 to 17,463 rubles/ton, directly lifting formula-based export duties. Higher export duties are bearish for Russian exporters, potentially slowing shipments and pressuring Black Sea competitiveness amid strong…

Bullish: Unrefined sunflower oil at Ukrainian ports has risen USD 30/t over four weeks to USD 1,320/t CPT as of April 22, marking a four-year high on tight seed supply and strong global vegetable oil markets. Bullish: This is the fourth consecutive week of price increases, supported by higher crude oil, palm, and soybean oil…