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Sunflower prices in Ukraine and Moldova have converged

During the second week of January, wholesale prices for sunflower in Ukraine decreased by about $10/t. Ukrainian sunflower is still more expensive than Moldovan sunflower, but the price difference is narrowing, Logos Press reported.
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Sunflower prices in Ukraine and Moldova have converged

Thus, according to Ukragroconsult, by the end of last week the price for Ukrainian sunflower with delivery to Bulgaria dropped to $620-625/t. According to the Agrocereale association, Moldovan sunflower delivered to the Romanian port of Galati at the beginning of this week is sold at $610-612/t.

Sunflower of ordinary varieties (fat content – up to 45%) for internal processing on the Moldovan market is purchased at the price of 10,300 lei/t, sunflower of high oleic – at the price of 11,400 lei/t (in both cases – including VAT).

If the trend towards convergence of prices for Ukrainian and Moldovan sunflower continues, supplies of this raw material for processing to Moldova will become economically feasible.


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