Last week, the price of sunflower seeds on the domestic market of Russia after four weeks of decline increased by a quarter, reaching 48,900 rubles per ton (without VAT).
In turn, as follows from the monitoring of the SovEcon Analytical Agency, the cost of sunflower oil increased by more than a third - up to 133,350 rubles per ton (including VAT).
Recall that in April the export duty of sunflower oil in the Russian Federation increased from 260.1 to 313 dollars per ton.
It should be noted that at the moment in Russia they propose to quote the export of sunflower oil and meal.
In turn, the world prices of the product rose sharply against the background of the suspension of supplies from Ukraine. Thus, experts report an increase in the price of demand for oil in the Black Sea, compared with mid-February, by one and a half times - more than two thousand dollars per ton.
According to the agency's forecasts, the sunflower and oil market may continue to grow inertially in the near future. However, the upside potential is largely taken away. The ruble has recently strengthened noticeably, since May, the export duty is likely to be increased significantly.
Experts believe that prices in the near future may be attractive for the sale of sunflower stocks by agricultural producers.