Category: Sunflower oil

Ukrainian sunflower oil export prices declined by USD 15/MT over the past two weeks. Weakness in global vegetable oil markets, including palm and sunflower oil, is pressuring prices. Falling global crude oil prices are reinforcing the bearish trend in vegetable oil valuations. Black Sea exporters face margin pressure and potential further downside if demand does…

Supply Tightening: Global sunflower oil production is projected to fall to 25.1 million tonnes in 2025/26 from 28.2 million tonnes in 2023/24, reinforcing a structurally tighter market. Black Sea Export Decline: Combined Russian and Ukrainian sunflower oil exports are expected to drop by 3.0 million tonnes in 2025, disrupting traditional trade flows. Persistent Price Premiums:…

Investment: Kourosh Food Industry plans to build vegetable oil and poultry production facilities in Kazakhstan, signaling deeper Iranian involvement in Central Asian agribusiness. Trade Growth: Kazakh-Iranian trade surpassed $340 million in 2023 and is expected to rise further on the back of expanded agricultural cooperation. Market Impact: New Kazakh vegetable oil capacity is neutral to…

Russia reclaims top spot: Set to export 4.4 million tons of sunflower oil in 2024/25, overtaking Ukraine’s 4.175 million tons despite lower harvest estimates. Tighter global balance: World sunflower oil production cut to 47.43 million tons from 49.73 million tons on drought across the Black Sea region. Firm pricing: Russian domestic sunflower oil prices are…

Russia to Lead Exports: Russia is projected to become the world’s largest sunflower oil exporter in 2025/26 with shipments rising to 4.4 million tons. Ukraine’s Market Share Declines: Ukraine’s sunflower oil exports are expected to fall from 4.7 million tons to 4.2 million tons, reducing its export dominance. Tighter Global Supply: Global sunflower oil exports…

Turkey’s sunflower oil imports rose 26% year-on-year in October 2024 to 82,600 tons, with import value up 57% to $108.7 million, signaling both higher volumes and prices. Russian shipments to Turkey surged 76% year-on-year to 75,000 tons, capturing about 91% of Turkey’s total sunflower oil imports and reinforcing Russia’s dominant supplier role. Higher unit prices…

New SAF Capacity: Egypt will build its first sustainable aviation fuel (SAF) plant in Alexandria with an annual capacity of 120,000 tons, using used vegetable oil as feedstock. Domestic UCO Demand: The project creates a significant new, consistent demand source for used cooking oil in a major Black Sea sunflower oil import market. Bullish Vegetable…

Russia to Raise Sunflower Oil Export Duty, Squeezing Exporters Key Takeaways Higher export duty in December: Russia is set to increase its export duty on sunflower oil, tightening margins for processors. Lower oil content, higher costs: A 16.7 million ton sunflower seed harvest with reduced oil content has pushed domestic sunflower oil prices up about…

Bearish sunflower oil: India’s November sunflower oil imports slumped 44% m/m to a two-year low as buyers switched to cheaper palm oil. Bearish Black Sea origination: Weaker Indian demand pressures Black Sea sunflower oil prices as exporters from Ukraine and Russia face reduced competitiveness versus palm oil. Demand shift in vegoils: Total Indian edible oil…

Bearish: India’s sunflower oil imports slumped 44% in November to a two-year low of 145,000 tonnes, signalling weakened demand for Black Sea supplies. Bearish: Sunflower oil’s steep price premium over palm and soybean oil is triggering substitution and pressuring producers to cut prices. Bullish for Palm: Palm oil imports rose 4.6% to 630,000 tonnes and…