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Oilseeds and Vegetable Oils
Sunflower Seed & Sunflower Oil; Soyabean & Soyabean Oil
9 Sunflower Seed EU - EUR/MT
Jan 19 May 19 Sep 19 Jan 20 May 20 Sep 20 Jan 21 May 21
250
310
370
430
490
LU76 - Sunflower seed oleic mp FR
Sunflower seed demand in the EU recovered slightly after being weak in April, the small rise being in line with the
EU's improving coronavirus situation. The May average price of European sunflower seed was recorded at EUR
456/MT, up 52% y-o-y and down 7.8% m-o-m.
Cold weather at the start of the US 2021/22 soyabean planting season has caused supply concerns, pushing
prices higher in May. The US is also entering the summer months' driving season, causing demand to remain firm
for biofuel feedstocks. The May average price of CBOT soyabean was recorded at USD 552/MT, up 78% y-o-y
and 3.5% m-o-m.
Soyabean US - USD/MT
Jan 19 May 19 Sep 19 Jan 20 May 20 Sep 20 Jan 21 May 21
300
370
440
510
580
SBNC - Soyabean no 2 CBOT Chic US (DH-3)
Sunflower Oil EU - EUR/MT
Jan 19 May 19 Sep 19 Jan 20 May 20 Sep 20 Jan 21 May 21
600
800
1,000
1,200
1,400
SFOR - Sunflower oil fob NW Eur (MBP) (DH-3)
Soyabean oil followed the price trend in the soyabean market, rising on tight supply concerns and firm demand due
to a strengthening vegetable oil complex. The April average price of CBOT soyabean oil was recorded at USD
1,366/MT , up 130% y-o-y and 12% m-o-m.
Soyabean Oil US - USD/MT
Jan 19 May 19 Sep 19 Jan 20 May 20 Sep 20 Jan 21 May 21
570
770
970
1,170
1,370
SBOC - Soyabean oil crude CME Chic US (DH-3)
The EU sunflower oil price fell slightly in May after surging in April, with demand growth slightly weaker in May. The
May average price of EU sunflower oil was recorded at EUR 1,304/MT , up 92% y-o-y and down 1.3% m-o-m.