News Capsule: Sun Oil International Market: Strong Prospects for Price Rise Ahead
15-Oct-2025 10:21 AM
News Capsule: Sun Oil International Market: Strong Prospects for Price Rise Ahead
Ukraine:
★ The sunflower crop estimate has been reduced to 11.4 million tons — the lowest level in the past 10 years. Drought in southern regions and rains in other areas have delayed harvest, raising the risk of further losses.
★ CPT bids are around $1,260/ton, while FOB levels remain steady at $1,260–1,270/ton.
★ Farmer selling remains limited, and export offers are scarce, keeping trade subdued.
★ Processors are focusing on domestic demand, while logistical bottlenecks continue to restrict new shipments.
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Europe:
★ FOB Europe values have risen to $1,470/ton due to tighter local supply and stronger import demand.
★ Argentina’s offers remain relatively cheaper and continue to stay competitive in Asian markets.
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Turkey:
★ Offers are around $1,300 CIF Mersin, while bids are at $1,280–1,285/ton. Sellers remain limited, and overall trading is very thin.
★ Sunflower meal prices are holding at $278 CIF Egypt and $280 CIF Italy.
★ RBD oil offers are reported near $1,330/ton.
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Russia:
★ For 2025, sunflower sowing area is estimated at 9.7 million hectares.
★ Prices are supported by low stocks, a weaker ruble, and overall strength in global vegetable oil markets.
★ Exports in October were minimal, while November export duty is forecast at $86/ton, down from $106/ton in October.
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★ Overall, lower production in both Ukraine and Russia is likely to keep prices firm. This could raise import costs for India and push sunflower oil prices higher in the coming months.