Sunflower prices continue to rise

2017-01-30 13:45:31
Machine translation
Sunflower prices continue to rise

In the domestic market of Ukraine continues to go up sunflower. Thus, at the linear elevators the price rose to 10800-11100 UAH/t, on the basis of the CPT-plant – to 11100-11500 UAH/t. Foreign currency price at FOB increased by 5 $/t and is now 390-405 $/t

 

Such growth, as already noted, due to the significant demand for oil. At the same time, manufacturers are quite reserved in the offers and sell sunflower seeds in small batches.

 

Sunflower oil increased in price by 5 $/t and is trading in the range of 765-770 $/t the price Increase contributes to increased production and increased exports, so it is likely that a similar trend will occur next week. The strengthening of the national currency will help stabilize the market.

 

In December 2016, the production of sunflower oil in medium and large enterprises in comparison with November has grown from 529 tonnes to 558 tonnes, which significantly exceeded the figure of December 2015, to 363 thousand tons In General for the season 2016/17 MG such enterprises produced 2 million tons of sunflower oil, which is 42 % higher than the results of the similar period of the previous season.

 

Recall that for 4 months of the season 2016/17 my, Ukraine supplied to the world markets 1.8 million tonnes of sunflower oil, which is a historical record and 23.5% higher than in the same period of the season 2015/16.