Consulting Agency UkrAgroConsult
The sunflower seed market is gaining pace in the new 2018/19 season. The harvest is drawing to an end, confirming forecasts of some market participants and adjusting others’ vision of further developments.
At the moment, the forecasts for the 2018/19 season look quite optimistic and stable. Expectations of record sunflower seed production (UkrAgroConsult estimates it at 15.4-15.5 MMT) will also lead to new highs in crushing, exports of sunflower oil (+13.2% from MY 2017/18) and sunflower meal (+17% from MY 2018/19).
At the same time, the 2018/19 results will to some degree be influenced by world prices for vegetable oils and meals, specifically by a competitive advantage of soybean oil over sunflower oil and an opposite situation in meal trade.
Analytical report "Black Sea Vegoils" contains detailed analysis of the latest trends in oilseeds/vegoils/meals exports, palm oil imports, supply and demand balances with breakdown by crop as well as crop conditions and progress in planting/harvesting in the countries of Black Sea Region.
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