Category: Sunflower oil

Policy Signal: Russia sets February 2026 sunflower oil export duty at 9,495 rubles/MT, keeping government pressure on export flows. Supply Risk: Krasnodar Krai sunflower oil output fell 19% in 2025 to 900,000 MT due to adverse weather and lower yields. Meal Support: Sunflower meal export duty stays at zero for a second month, supporting feed…

Bullish: Rising Russian export duty and higher Ukrainian refined sunflower oil prices signal tightening Black Sea supply and strong export demand. Bullish: Zero export duty on Russian sunflower meal supports crush margins, encouraging continued processing and underpinning oil values. Bullish: Extension of Russia’s “sunflower damper” duty mechanism through August 2028 provides policy stability that can…

Bearish: India’s total sunflower oil imports fell 12% year-on-year to $3 billion amid softer vegetable oil prices. Bullish for Russia’s share: Despite a 28% revenue decline, Russia retained its position as India’s leading sunflower oil supplier. Competitive pressure: Argentina more than doubled sunflower oil exports to India to $697.8 million, tightening competition for Black Sea origins. Market…

Production Surge: Large Uzbek enterprises produced 185,100 tons of refined vegetable oil in Jan–Nov 2025, a 29.2% year-on-year increase. Capacity Expansion: The sector now includes 85 large oil and fat processing facilities, underscoring sustained industrial growth. Demand Shift: Domestic consumption is set to rise, with consumers increasingly favoring non-traditional vegetable oil varieties. Trade Impact: Neutral…

Policy Intervention: Kazakhstan plans to fix wholesale sunflower oil prices in 2025 to stabilize the domestic market amid rising global benchmarks. Global Tightness: FAO’s vegetable oil price index reached 161.6 points by end-2025, up 17.1% year-on-year, reflecting constrained global supply. Contained Inflation: Despite sunflower oil pressure, Kazakhstan’s overall food inflation remains limited at 0.2% year-to-date,…

Capacity Expansion: Kapshagai Bidai Onimderi has reached 1 million tons annual processing capacity for flour, vegetable oil, and animal feed after a 12 billion tenge modernization, with plans to double output. Export-Oriented Growth: 98% of production is exported, primarily to China and Southeast Asia, with 110,000 tons shipped in the last six weeks, boosting Almaty…

Surging Sunflower Oil Demand: India’s sunflower oil imports jumped 145% month-on-month in December to 349,000 tonnes, a 17-month high. Palm Oil Under Pressure: Palm oil imports fell 20% to 507,000 tonnes, hitting an eight-month low as refiners shifted to competing oils. Overall Veg Oil Imports Higher: Total vegetable oil imports rose 17% to 1.38 million…

Logistics Shift: Ukrainian rail vegetable oil exports fell 10% to 1.598 million tons in 2025, but port-directed shipments surged 66%, signaling a major reorientation toward seaborne routes. Border Pressure: Border crossing rail volumes of vegetable oil dropped 44.8% to 672,000 tons, reflecting capacity constraints and shifting trade routes. Processing Resilience: Oilcake and meal exports rose…

Logistics shift: Ukrainian vegetable oil rail exports fell 10% to 1.598 million tons in 2025, masking a major rerouting of flows. Ports gain share: Port-bound rail shipments surged 66% to 926,000 tons, now 58% of total rail-exported vegetable oils. Border routes weakened: Rail deliveries to border crossings plunged 44.8% to 672,000 tons, reversing 2024’s land-border…

Bullish: Black Sea FOB sunflower oil for January 2026 delivery has climbed $100/MT month-over-month to $1,270/MT amid tight global vegetable oil supplies and three-year highs in the FAO Vegetable Oil Price Index. Bearish: Upside is limited by competitive pressure from cheaper palm and soybean oils, a stronger ruble weighing on Russian export competitiveness, and indications…