Ukraine: In anticipation of high demand for sunoil?
2014-03-19 17:03:03
The political situation somewhat stabilized, so the export prices for Ukrainian sunoil returned to the pre-crisis level. The price for Ukrainian sunflower oil FOB Black Sea (May shipment) lost USD 15/MT a day and now the selling price is USD 885/MT. Noteworthy that the bidding price is only USD 5/MT lower.
Considering that Argentine soybean oil, Malaysian palm oil and Ukrainian sunflower oil are now offered at the same price, we can expect an increase in the demand for Ukrainian oil from the major importers.