Sunflower Oil (Bulk) Price Review

Ukraine – March 2026

📊 Market Overview

In March 2026, the Ukrainian sunflower oil market demonstrated consistently high prices with a moderate upward trend, driven by strong export demand and high raw material costs (sunflower seed).


💰 Sunflower Oil Prices (Bulk)

  • At the beginning of March: 1,050 – 1,080 USD/t (FOB Ukrainian ports)
  • Mid-March: 1,080 – 1,120 USD/t
  • By the end of March: 1,100 – 1,150 USD/t

👉 Average price level: ~1,100 USD/t (FOB)


📈 Market Dynamics

The market showed a steady upward trend throughout the month, without sharp fluctuations. Trading activity remained strong, particularly in export contracts.


🌍 Export Factor

Sunflower oil (bulk) remained a key export commodity of Ukraine:

  • strong demand from India, China, and EU countries
  • stable shipments via Black Sea ports
  • competitive positioning compared to soybean and palm oil

🔎 Key Market Drivers

  • rising sunflower seed prices
  • strong export demand
  • global vegetable oil market trends
  • exchange rate (USD/UAH) and logistics

📍 Regional Price Breakdown (UAH/t)

Central Ukraine (Dnipropetrovsk, Kirovohrad, Poltava)

  • 38,500 – 41,500 UAH/t (EXW / FCA plant)
  • Highest prices due to high concentration of processing plants
  • Strong competition among crushers

Southern Ukraine (Odesa, Mykolaiv)

  • 39,000 – 42,500 UAH/t
  • Prices often linked to export contracts (FOB)
  • Premium for large volumes and proximity to ports

Western Ukraine (Lviv, Khmelnytskyi, Ternopil)

  • 37,500 – 40,000 UAH/t
  • Lower prices due to distance from ports
  • Focus on domestic market

Northern Ukraine (Kyiv, Chernihiv, Sumy)

  • 38,000 – 40,500 UAH/t
  • Stable demand from internal consumers
  • Less dependence on export markets

📊 National Average

👉 ~39,500 – 41,000 UAH/t


📌 Conclusion

  • The highest prices were observed in the South and Central regions due to export orientation and processing activity
  • The Western region showed lower price levels due to logistics
  • The market remained export-driven and stable at a high price level

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