01 Sunflower

Week 43 (October 21-25, 2024) The price of imported sunflower oil rose this week. The specific prices in each region are as follows:

Weekly Review:

This week, domestic sunflower prices rose. The arrival of sunflowers in Kazakhstan and Russia was small, showing a shortage of supply. In Russia, the price of sunflowers has risen due to the reduction in production, and farmers are not in a hurry to ship, so the export volume of sunflowers is small. Recently, the operating rate of oil mills has increased, the demand for sunflowers is high, and the speed of shipment is fast, which is good for the sunflower market.

It is expected that the price of sunflowers will be stable in the short term. The supply concerns are high, and the supply of sunflowers is in short supply, which supports the sunflower market. In addition, oil mills have started to operate one after another, and they are eager to replenish stocks. The demand is good, which is good for the sunflower market. Russia's rise is slow, and the price of other domestic oils has not changed much, which drags down the sunflower market.

02 Sunflower oil

Week 43 (October 21-25, 2024) The average price of domestic sunflower oil this week is 9764 yuan/ton, of which the price of first-grade sunflower oil in Jiangsu is 9950 yuan/ton; the price of first-grade sunflower oil in Xinjiang is 9400 yuan/ton, and the price of first-grade sunflower oil in Tianjin is 9950 yuan/ton. The prices in various regions are as follows:

Weekly Review:

This week, domestic sunflower oil prices rose again. Supported by the rise in prices of the three major oils and the peak season for oils, sunflower oil prices rose again. In terms of supply, due to the low crushing volume of new season oil sunflowers, the reduction in Russian oil sunflower production has caused a shortage of supply and farmers are not in a hurry to sell, the supply of sunflower oil is tight. Weak supply and strong demand have caused the price of sunflower oil to rise all the way.

It is expected that the price of sunflower oil will run smoothly in the short term. The peak season for sunflower oil has begun, demand has improved, the main producing countries of sunflower oil, Ukraine and Russia, have reduced production, and the price of soybean and rapeseed oil has stopped rising and fallen, which may drag down sunflower oil, so sunflower oil may run smoothly.