Sunflower prices remain under pressure from falling meal prices, although sunflower oil prices are fairly stable

In Ukraine, demand prices for sunflower oil have started to fall again following the fall in palm oil prices.

The sharp rise in soybean oil prices on the Chicago Board of Trade has supported palm oil quotes and has had little impact on sunflower oil demand prices, but Trump's imposition of import tariffs on goods from all countries has already collapsed oil prices, which will soon increase pressure on soybean and other vegetable oil prices.

Purchase prices for sunflower with 50% oil content in Ukraine remain at the level of 26,500-27,500 UAH/t delivered to the plant, but processors are again operating unstably, and some have even stopped work due to low processing margins and raw material shortages, so competition for sunflower is low.

Export demand prices for sunflower meal in Black Sea ports remain low at $215-220/t, although prices for feed corn and wheat have recovered slightly this week after falling, which may support meal prices in the future.

Demand prices for sunflower oil delivered to Black Sea ports increased by $5-10/t to $1,125-1,130/t per week, but hardly responded to the sharp increase in soybean oil quotes by 15% per week.

May soybean oil futures on the Chicago Board of Trade rose another 2.1% to $1,068/t yesterday, posting a speculative weekly gain of 15.4% as market participants began discussing increasing biodiesel production in the US in 2026.

June palm oil futures on the Bursa exchange in Malaysia rose 2.2% to 4,518 ringgit/t or $1,015/t yesterday after several holidays, but will be capped by the fall in oil prices that began after Trump imposed tariffs.

The start of the US "trade war" against 60 countries around the world will have a strong impact on the American and global economies, to which the markets will react by lowering prices for all goods, with oil prices already down 2%.