Category: Sunflower oil

Export acceleration: Kazakhstani sunflower oil exports to China jumped 56% year-on-year to 81,500 tonnes in the first four months of 2025/26 MY. Meal breakout: Sunflower meal shipments to China surged 3.9-fold to a record 69,700 tonnes over the same period. Long-term potential: With China’s oil and fat market at ~18 million tonnes annually, Kazakhstan’s current…

Bearish for Black Sea suppliers: India’s sunflower oil imports from Russia and Ukraine fell sharply, with combined volumes down 27% year-on-year in January and further weakness across the October–January period. Supportive for alternative origins: Argentina rapidly expanded its share of India’s sunflower oil imports, with October–January shipments rising more than fourfold, tightening competition and pressuring…

Uzbek output surges: Refined vegetable oil production in Uzbekistan rose 27.7% year-on-year to 204,600 tons in 2025. Import dependence shifts: Refined sunflower oil imports from Kazakhstan more than doubled to 125,000 tons, signaling deeper regional integration. Regional headwinds for Black Sea exporters: Stronger Kazakhstan–Uzbekistan trade may limit refined sunflower oil demand for Ukrainian and Russian…

Rail exports surge: Ukrainian vegetable oil rail exports jumped 41% m/m in February to 86,000 tons, and 19% y/y, signaling stronger export momentum. Robust EU corridors: Western border crossings handled 66% of oil and 75% of meal/cake volumes, underscoring the strategic role of EU land routes. Meal exports resilient: Meal and cake exports reached 151,100…

Tax Cut: China reduced import VAT on refined sunflower oil from 13% to 9%, immediately lowering landed costs. New Tariff Line: A dedicated 10-digit code (1512190010) now covers refined sunflower oil under the revised system. Wider Scope: The new classification covers 16 agricultural oils, including refined/unrefined sunflower oil and refined rapeseed oil. Export Boost: The…

Bullish: Tightening Russian sunflower oil export availability and a 25.8% year-on-year price jump in South Korean imports signal firming global values. Bearish: Russia’s 36% export decline to South Korea and loss of share to Argentina and India highlight competitive pressure in key Asian markets. Bullish: A 27% drop in Russian sunflower oil exports in the…

Policy tension: Kazakhstan’s competition agency urges cutting the 20% sunflower seed export duty, saying it harms farmers, while processors warn of domestic price spikes. Domestic prices at risk: Processors project retail sunflower oil could jump to 1,200–1,300 tenge/liter if the duty is reduced, versus current 786–814 tenge/liter. Capacity expansion: Refining capacity is set to rise…

Bearish: Chinese vegetable oil prices fell across all major categories by mid-February, led by a 4% drop in rapeseed oil and a 3.55% decline in palm oil. Neutral: The soybean complex showed relative resilience, with soybean prices steady despite a 2.5% fall in soybean oil and a marginal 0.44% decline in soybean meal. Bearish: Pre-Spring…

Ukraine retains a dominant 92% share of EU sunflower oil imports despite a 21% year-on-year drop in shipped volumes. Total EU sunflower oil imports fell 19% to 1.04 million tonnes, tightening regional vegetable oil availability. Ukraine’s reduced sunflower harvest (down to 10.5 million tonnes from 13 million tonnes) constrains processing and export capacity into mid-2026.…

Sunflower oil exports surge: Argentina doubled sunflower oil exports to around 100,000 tonnes in January year-on-year, supported by rising processing capacity. Soybean products weaken: Soybean oil exports declined to 460,000-480,000 tonnes, down from 562,000 tonnes in December and 502,000 tonnes a year earlier. Meal and seed exports grow: Sunflower meal shipments increased to 150,000-160,000 tonnes,…