Sunflower prices in Ukraine reached their highest level of the season

Rising prices for sunflower oil and a jump in the dollar exchange rate against the hryvnia on the interbank market led to a sharp increase in sunflower purchase prices in Ukraine to the highest level in the 2025/26 season.

 

Restrictions on supplies of Ukrainian sunflower oil contribute to the growth of prices for Russian sunflower oil, which increased by another $20-30/t to $1,270-1,280/t FOB Black Sea in a week, as a result of which the demand for sunflower oil with delivery to India also increased by $20-30/t to $1,390-1,400/t CIF Mumbai.

 

Demand prices for sunflower oil in Ukraine also increased by $20-30/t per week to $1,270-1,280/t with delivery to ports, and in general, since the beginning of the year, they have already risen by $50-60/t.

 

Purchase prices for sunflower in Ukraine increased by 1,000-1,500 UAH/t over the week to 29,000-30,000 UAH/t or $590-610/t excluding VAT (for 50% oil content) with delivery to the factory, although some contracts were fixed at prices above 30,500 UAH/t.

 

The dollar exchange rate on the interbank market this week reached 43.56/59 UAH/dollar, and the price of oil reached $1,300/t, which allowed processors to successfully sell oil and sharply increase prices for sunflower.

 

But some factories, especially in the south, are not planning to start yet due to constant shelling and lack of electricity, so demand for sunflower will be limited in time, so farmers need to take advantage of a new wave of price increases.

 

Trilateral talks planned this week between Ukraine, the United States and Russia are aimed primarily at stopping attacks on energy facilities and port infrastructure. Therefore, if the negotiators are successful, more refineries will be able to resume work and oil prices will begin to decline due to increased supply and reduced speculative demand.