On November 1, 2024, the price for sunflower oil supply for November 2024 increased by 25 USD/T and reached 1100.00 USD/T. Offers as of October 31, 2024, were at the level of 1075.00 USD/T.
The price increase for November 2024 supply within a week was 35 USD/T. Over the month, the price increased by 125 USD/T.
The maximum price for November 2024 supply was fixed on November 1, 2024, at 1100.00 USD/T. The minimum price for November 2024 supply was fixed on January 10, 2024, at 740.00 USD/T.
The highest price for November, in the entire observation period, was recorded on March 14, 2022, at 2240.00 USD/T. The lowest price for November, in the entire observation period, was recorded on January 7, 2019, at 685.00 USD/T.
On November 1, 2024, the following points were noted:
- the cost of offers for November 2024 supply was 1100.00 USD/T, which is the maximum supply price for the last year (the previous maximum was on February 21, 2023, at 1105.00 USD/T).
- the cost of offers for December 2024 supply was 1090.00 USD/T, which is the maximum supply price for the last year (the previous maximum was on February 28, 2023, at 1095.00 USD/T).
- the cost of offers for January 2025 supply was 1070.00 USD/T, which is the maximum supply price for January in the last year (the previous maximum was on February 10, 2023, at 1120.00 USD/T).
Month | Nov.2024 | Dec.2024 | Jan.2025 | Feb.2025 | Mar.2025 | Apr.2025 | May.2025 | |||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
Average price for all months | ||||||||||||
1075.71 | ||||||||||||
Spreads | ||||||||||||
Sunflower oil FOB Black Sea ports + Soybean oil FOB Brazil | ||||||||||||
Sunflower oil FOB Black Sea ports + Soybean oil Daylian China | ||||||||||||
Sunflower oil FOB Black Sea ports + Soybean oil FOB EU | ||||||||||||
Sunflower oil FOB Black Sea ports + RBD Palm oil Daylian China | ||||||||||||
Price | $1100.00 | $1090.00 | $1070.00 | $1070.00 | $1070.00 | $1060.00 | $1070.00 | |||||
Trade Date | 01.11.2024 | 01.11.2024 | 01.11.2024 | 01.11.2024 | 01.11.2024 | 01.11.2024 | 01.11.2024 | |||||
Previous Trade | +25 | +20 | +5 | +5 | +25 | +15 | – | |||||
Weekly | +35 | +25 | +5 | +15 | +45 | +35 | – | |||||
Monthly | +125 | +115 | +105 | +105 | +105 | – | – | |||||
Soybean oil FOB Brazil Spread | 50.62 -6.68 |
12.65 +11.48 |
90.13 +22.83 |
14.66 +7.79 |
103.66 +26.3 |
19.49 -12.54 |
131.69 |