Prices on the domestic sunflower market reached a maximum last week since March of last year.
This is reported in the weekly digest “APK-Inform”. Indeed, an increasing number of processing companies were willing to purchase sunflower at 16,600-16,800-17,000 UAH/ton including delivery costs, largely due to active exports of sunflower oil.
Read MoreOn April 18, 2024, Verkhivtsevsky Olive Extraction Plant LLC took part in the 21st International Conference BLACK SEA GRAIN.KYIV, which brought together the agricultural industry to discuss current aspects of market development for the new season i, key impacts and changes, food logistics, financing and renewal of Ukraine and the agricultural sector.
Read MoreThe dollar is growing, the demand for sunflower oil is increasing, factories are working with increased activity, reminiscent of pre-war times. These actions, which have not gone unnoticed by any market observer, affect prices that are becoming more and more attractive to sell. There are many offers and quite attractive prices.
Overview prices
Read MoreWorld prices for sunflower oil according to information МІНФІН
Currently, the world prices for sunflower oil are:
| 04.04.2024 | 880,00 | USD for 1 ton |
You can download the presentation HERE
The production of oil crops in Ukraine during the 2023/24 marketing year will increase by approximately 3.5 million tons compared to the previous season.
Read MoreThe presentation of the Verkhivtsevsky Oil Extraction Plant can be downloaded HERE
On the occasion of the professional holiday of the Day of Food Industry Workers of Ukraine, the General Director of “VERHIVTSEVSKY OIL EXTRACTION PLANT” LLC, Dmytro Valentinovych Guletskiy , was presented with a letter of thanks for fruitful and persistent cooperation, active support in solving problematic issues aimed at ensuring the stable operation of enterprises under martial law, a significant personal contribution to the further development of the oil and fat complex, which will contribute to the post-war revival of the economy.
Read MoreDuring the period from August 28 to September 3, there was a further decrease in prices on the oil seed market, in particular for sunflower. Precipitation in the central and southern regions is expected to reduce the impact of the heat on crops, so there will potentially be favorable conditions for harvesting soybeans and sunflowers. As of September 3, the average price of traders was UAH 12,704.81/t, which is 4.39% less than last week.
Read MoreFeatures of transportation of products obtained in the process of sunflower processing play an important role in the construction of logistics schemes. Sunflower seed processing products occupy a significant role in the market and are in high demand.
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