Current sunflower prices make its processing unprofitable

Sunflower prices remain at the level of $490-500 including VAT with delivery to the factory. This is reported by Spike Brokers analysts.

As noted, producers are delaying the sale of oil crops, preventing the market from being saturated with offers and adjusting prices.

"Representatives of factories note that at current sunflower prices, its processing becomes economically unprofitable. "Sunflower oil is trading at $910 CPT seaports for the period up to November without premiums for later periods," experts explain.

The latest price indications of buyers for sunflower:

• DAP Ukraine (regions) — $400-410;
• DAP Ukraine (port) — $430-440;
• DAP Bulgaria (center) — $460-470;
• CIF Bulgaria (port) — $450-460.