11.03, Odessa was attacked with ballistic missiles, causing a fire on a Barbados-flagged vessel arrived from Algeria with 30,000 tons of wheat. Four casualties were reported, including three Syrian citizens. Currently, there is a temporary suspension of container vessels calling for CMA and MSC. 🌻 Sunflower Oil Market & Pricing Ukraine's sunflower oil exports have reached a 10-year low.
Below is a pricing model based on the current Ukrainian market conditions: – Average SFS price DAP factory: 26,000 - 28,000 UAH per ton (with VAT) - Oil yield: 43.75% - 46.75% - Meal yield: 36.25% - 33.25% – Seed-to-oil ratio: 1 MT of oil = 2.22 MT of seeds – Seed price (with VAT): 60,000 UAH per ton Breakdown of Costs for Processing 1 MT of Seeds: – Seed cost (with VAT): 60,000 UAH (for 2.2 MT SFS) – Processing cost (tolling): 4,400 UAH (200 UAH per kg with VAT) – Total cost for 1 MT of seeds (including processing): 64,400 UAH (with VAT) Revenue from Oil and Meal: – Oil selling price: 54,000 UAH per ton with VAT ($1083 per ton without VAT, FCA) – Meal price: 9,000 UAH per ton (with VAT) – Total revenue: 54,000 UAH (oil) + 7,200 UAH (meal) = 61,200 UAH (with VAT) Profit Calculation: Total cost: 64,400 UAH (with VAT) Loss: 3,200 UAH per MT Current Ukrainian market conditions indicate that processing sunflower seeds into oil and meal results in a loss when considering seed costs and processing tolls.
This estimate does not account for seed condition, humidity, or impurities, which affect gross weight and final yield. Pricing & Market Trends 🇺🇦 Ukraine CPT: $1100-1130, FOB $1130-1140 🇹🇷 Mersin: Bids near India’s level at $1185, offers at $1195 🇨🇳 China: bidding at $1195 for CSFO HOSO $1590 🇪🇺 EU Market: Ukraine increased offers due to EUR strength against USD 🇷🇸🇧🇦 Serbia-Bosnia DAP offer CSFO: $1100 🇵🇱 Poland border offer CSFO: bids $1100 offer $1150 🇺🇦 Ukraine FCA RBD SFO offer: $1200 - $1240 - Bottled oil (1L): $1.26- $1.28 - 6-port offers: - April-May-June (AMJ): $1215 (€1134.06) -RBD oil offer from Russia is minimum , where refiners are focusing on bottled oil exports within the CIS to bypass export duties.
In March, the Russian duty $105 PMT . CDSBO offers: 🇮🇳 India SPOT: $1090; MJJ contract: $1052 ( soy supply tight ) 🇷🇺 Russia FCA price from a major producer: $1020 USD 🇺🇦 Ukraine: $1100 USD (€1013 EUR) Poland DAP $1120 bid Canola Market: - Canada Canola seed cost: $430 per MT - Canada FOB canola oil: $1000 - EU MJJ prices: €990 per MT FOB ASO dropped to €955 per MT, NDJ closed at €956 per MT - Russian rapeseed trade at EU border: €900 per MT - China traded Russian rapeseed bulk vessels at $1080 There are rumors of China imposing tariffs on canola seeds, following existing tariffs on canola oil and meal.
