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Oilseeds and Vegetable Oils
Sunflower Seed & Sunflower Oil
8 Sunflower Seed Ukraine - UAH/MT
Jan 19 May 19 Sep 19 Jan 20 May 20 Sep 20 Jan 21 May 21
8,000
12,500
17,000
21,500
26,000
0V30 - Sunflower seed exw UA
Weakness in the wider vegetable oil complex, as result of a resurgence in global COVID-19 cases, caused
sunflower seed prices to weaken in May. Additionally, due to the elevated sunflower market price, market
participants are now delaying purchases in the current marketing year in favour of purchasing new supplies in the
2021/22 MY, which begins in August. The May average price of Ukrainian sunflower seed was recorded at UAH
21,850/MT , up 97% y-o-y but down 4.9% m-o-m.
Sunflower Seed Russia - RUB/MT
Jan 19 May 19 Sep 19 Jan 20 May 20 Sep 20 Jan 21 May 21
15,000
22,800
30,600
38,400
46,200
54,000
2H07 - Sunflower seed exw RU
Sunflower Oil Ukraine - UAH/MT
Jan 19 May 19 Sep 19 Jan 20 May 20 Sep 20 Jan 21
18,000
25,000
32,000
39,000
46,000
0V31 - Sunflower oil crude fob UA (MBP)
The Ukrainian sunflower oil price has followed the weakness in the sunflower seed market, on the back of lower
demand compared to earlier in the season. The May average price of Ukrainian sunflower oil was recorded at UAH
42,126/MT , up 92% y-o-y and down 2.3% m-o-m.
The Russian sunflower oil price has followed the weakness in the Ukrainian sunflower oil and Russian sunflower
seed markets. The May average price of Russian sunflower oil was RUB 111,294/MT, up 118% y-o-y but down
2.3% m-o-m.
Sunflower Oil Russia - RUB/MT
Jan 19 May 19 Sep 19 Jan 20 May 20 Sep 20 Jan 21 May 21
41,000
56,000
71,000
86,000
101,000
116,000
2H08 - Sunflower oil crude fob RU (MBP)
Weakness in the wider vegetable oil complex, due to the resurgence in global COVID-19 cases, caused sunflower
seed prices to weaken in May. Additionally, with the sunflower market having an elevated price, market participants
are currently not purchasing in the current marketing year preferring to purchase new supplies in 2021/22 MY,
which begins in August. The May average price of Russian sunflower seed was recorded at RUB 52,900/MT, up
119% y-o-y but down 0.2% m-o-m.