Oilseeds and Vegetable Oils
Sunflower Seed & Sunflower Oil; Soyabean & Soyabean Oil
250
310
370
430
490
Dec 19 Mar 20 Jun 20 Sep 21 Dec 21
Sunflower Seed EU - EUR/MT
Sep 20 Dec 20 Mar 21 Jun 21
LU76 - Sunflower seed oleic mp FR
Sunflower seed prices in the EU increased marginally in December due to higher demand, as lower
prices made the EU crop more attractive, in comparison to the Ukrainian and Russian alternatives.
The December average price of European sunflower seed was recorded at EUR 495.3MT, up 17.7% yo-y
and 1% m-o-m.
Soyabean prices hit a 3-month high in December due to increasing demand, particularly for use as a
high-protein feed ingredient, in addition to fears of a reduced crop due to poor weather in South
America (Brazil and Argentina). The CBOT soyabean average price reached USD 476/MT in
December, up 7.1% y-o-y and 3.3% m-o-m.
300
370
440
510
580
Dec 19 Mar 20 Jun 20 Sep 21 Dec 21
Soyabean US - USD/MT
Sep 20 Dec 20 Mar 21 Jun 21
SBNC - Soyabean no 2 CBOT Chic US (DH-3)
600
800
1,000
1,200
1,400
Dec 19 Mar 20 Jun 20 Sep 21 Dec 21
Sunflower Oil EU - EUR/MT
Sep 20 Dec 20 Mar 21 Jun 21
SFOR - Sunflower oil fob NW Eur (MBP) (DH-3)
US soyabean oil prices fell in December due to sluggish demand from major importers, such as India,
and downward price pressure exerted from the emergence of the Omicron variant. The December
average price of CBOT soyabean oil was USD 1,219/MT, up 41.1% y-o-y but down 6% m-o-m.
570
770
970
1,170
1,370
Dec 19 Mar 20 Jun 20 Sep 21 Dec 21
Soyabean Oil US - USD/MT
Sep 20 Dec 20 Mar 21 Jun 21
SBOC - Soyabean oil crude CME Chic US (DH-3)
The EU sunflower oil price fell in December due to farmers having to sell off more of their crops to
become more cash liquid after a few months of reduced income. The December average price of EU
sunflower oil was EUR 1,218/MT, up 25.7% y-o-y but down 3.3% m-o-m.
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