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Ukraine Shift on Sunflower-Seed Exports Calms Cooking-Oil Market Rocked by War

Ukraine shift on sunflower-seed exports calms cooking-oil market rocked by war. Ukraine exported 190,000 tons of seeds in January, compared to 4,000 tons a year prior, stabilizing the global market for cooking oil.

  • Ukraine exported 347,000 tons of sunflower-seed oil in January, down from 612,000 tons in January 2022 before the war.
  • Ukraine exported 190,000 tons of seeds in January, compared with 4,000 tons in January 2022 and 12,000 tons in January 2021.
  • Global sunflower-seed exports expected to hit 2.65 million tons in the 2022-23 agricultural season, up from 1.62 million tons last year.
  • Sunflower-seed oil prices recently fell by more than half, to about $1,049 a ton.
  • UN-backed deal allows ships laden with agricultural products to depart certain Ukrainian ports unharassed by Russian warships.
Ukraine Shift on Sunflower-Seed Exports Calms Cooking-Oil Market Rocked by War
Kyiv shipped 190,000 tons of seeds in January, compared with 4,000 tons a year prior

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