Russia. Sunseed and sunoil market behavior

27.01.2017

Russian sunseed market continued its downward movement. The current ratio between sunseed product prices is forcing crushers to lower their procurement prices. In this situation, growers are reluctant to part with their commodity. Nonetheless, an increasing number of deals are seen in the market compared to last week. Medium-sized deals (up to 0.5 KMT) are struck actually in all the growing regions. Some crushers are ready to suspend oilseed processing to adjust the vegoils and meals market capacity, informs UkrAgroConsult.

During the week under review the sunoil market featured sluggish contracting and sinking buyer prices because of the world price level.

 

UkrAgroConsult

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