Ukraine. Current sunseed supply enough to cover only 6 months of crushing season

Ukraine’s available sunflower seed supply will allow oilseed processing plants to operate for only six months of the current season, according to Spike Brokers.

As of now, sunflower seed harvested from 91% of planted area totals 8.9 million tonnes.

“This volume is enough to keep crushing facilities running for just six months, and we are already in the third month of that period. Limited raw material supply will continue to support the market,” the brokers noted.

On external markets, sunflower oil prices are stabilizing after a previous correction. In six Northern European ports, prices recovered and ended the week at $10 above last Friday’s levels.

Global market factors are also influencing price dynamics. Despite pressure from Nasdaq, the risk of a U.S. government shutdown, and a weak palm oil market, the sunflower oil (CSFO) market remains stable and firm.

In Turkey, prices have stabilized following a recent correction: CIF Mersin/Iskenderun offers have retreated from $1,340–1,345 to $1,295–1,300, a decline of 3–4%, which analysts view as a normal market adjustment. Recent deals were concluded within the $1,295–1,300 CIF Mersin/Iskenderun range, mostly for November or November–December delivery. Turkish buyers have fully covered their November needs, and active demand is shifting toward December and early January. Due to the Christmas period, lower buying activity is expected in the coming weeks.

In the Ukrainian domestic market, the 30-day spot index for sunflower seed delivered to crushers fell by $3 including VAT, to $683 including VAT.

Tags: Ukraine, prices, sunseed