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Demand prices for sunflower oil in Ukraine have started to fall again under the pressure of falling prices for palm and soybean oil, which has led to a decrease in sunflower prices.

Over the past 6 years, there has been a significant expansion in the supply of sunflower meal and oilseed meal to China. At the same time, in 2024, according to the General Administration of Customs of the PRC, they amounted to 2.53 million tons, which is 14% less than in 2023. In particular, in December last year, the supply volume amounted to 127.2 thousand tons, which is 63.9% less than in December 2023. 72.4% of the total export volume of sunflower meal and oilseed meal falls on Ukraine - 1.83 million tons. Supplies from Russia occupy 14% of the market share or 354.9 thousand tons; from Bulgaria - 11.6% or 292.1 thousand tons, from Kazakhstan - 2% or 50.6 thousand tons. Supplies from other countries, except for those presented, were not carried out. The average cost of sunflower oil cake and meal imported to China in 2024 was 325.9 USD/t, which is 17.2% less than a year earlier. At the lowest prices in 2024, sunflower oil cake and meal were supplied to China from Kazakhstan ...

The Cabinet of Ministers has adjusted the rules for setting minimum export prices for a number of key commodities, such as honey, soybeans, rapeseed, wheat, corn, sunflower oil and barley. This was announced by the government's representative in the Verkhovna Rada, Taras Melnychuk. He noted that changes have been made to the Procedure for approving