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Prices for delivery have risen: June 2024 - record highs, July and August at $940 level. What are the reasons?
Oilseeds
Sunflower

Prices for delivery have risen: June 2024 - record highs, July and August at $940 level. What are the reasons?

The price of sunflower oil delivery increased by $115 per ton for the month. On June 13, 2024, the price reached $940 per ton - the highest in 9 months. In August 2024, the price remained at $940 per ton, with high prices also recorded in July and June.

16 June 2024 16 June 2024

During the week in June 2024, the delivery price increased by $30 per ton, and during the month, it increased by $115 per ton.

The highest delivery price for June was recorded on March 17, 2022, at $2340 per ton. The minimum delivery price for June in the entire observation period was on January 7, 2019, at $675 per ton.

On June 13, 2024, the following points were noted:

- The price of offers for delivery in June 2024 was $940 per ton, which is the maximum delivery price in the last 9 months (the previous maximum was recorded on August 28, 2023, at $945 per ton).

- The price of offers for delivery in July 2024 was $940 per ton, which is the maximum delivery price in the last 9 months (the previous maximum was recorded on August 28, 2023, at $945 per ton).

- The price of offers for delivery in August 2024 was $940 per ton, which is the maximum delivery price in the last 9 months (the previous maximum was recorded on August 28, 2023, at $945 per ton).

 

Month Jun. 2024 Jul. 2024 Aug. 2024 Sep. 2024 Oct. 2024 Nov. 2024 Dec. 2024
Price $940.00 $940.00 $940.00 $890.00 $890.00 $880.00 $890.00
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