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Markets

Ukraine sunoil export prices resume rally

  • Ukraine is the world's largest sunoil exporter and supplied 6.632 million tonnes of the commodity abroad in the 2019/20 September-August season.
Published December 18, 2020 Updated December 18, 2020 03:33pm
By

KYIV: Ukrainian sunflower oil export prices have resumed their rally after a slight decrease last week amid a strong demand from foreign consumers, analyst APK-Inform said on Friday.

Sunoil bid prices have added $70-$75 per tonne so far this week and reached $1,155 to $1,165 FOB Black Sea January-March delivery as of Dec. 17, the consultancy said.

Ukraine is the world's largest sunoil exporter and supplied 6.632 million tonnes of the commodity abroad in the 2019/20 September-August season.

Exports could decrease to 5.78 million tonnes this season because of a smaller sunflower seed harvest.

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