By August 15, 2024, the cost of offers for the supply of sunflower oil for January 2025 had increased by 10 dollars per ton and amounted to 900.00 dollars per ton. Offers from August 14, 2024, were at the level of 890.00 dollars per ton.
The price increase for delivery in January 2025 over a week was 5 dollars per ton. Over the month, the price increased by 10 dollars per ton.
The highest delivery price for January in the entire observation period was recorded on April 25, 2022, and amounted to 1840.00 dollars per ton. The minimum delivery price for January for the entire observation period was on November 27, 2018, and amounted to 647.50 dollars per ton.
On August 15, 2024, the following points were noted:
- the cost of offers for supply in November 2024 was 870.00 dollars per ton, which is the minimum delivery price for the last month (the previous minimum was on July 1, 2024, at 855.00 dollars per ton).
- the cost of offers for supply in October 2024 was 870.00 dollars per ton, which is the minimum delivery price for the last month (the previous minimum was on July 1, 2024, at 855.00 dollars per ton).
- the cost of offers for supply in February 2025 was 890.00 dollars per ton, which is the minimum delivery price for February in the last 5 months (the previous minimum was on February 28, 2024, at 775.00 dollars per ton).
Month | Sep.2024 | Oct.2024 | Nov.2024 | Dec.2024 | Jan.2025 | Feb.2025 | ||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
Average price across all months | ||||||||||||
883.57 | ||||||||||||
Price | $880.00 | $870.00 | $870.00 | $880.00 | $900.00 | $890.00 | ||||||
Trade Date | 15.08.2024 | 15.08.2024 | 15.08.2024 | 15.08.2024 | 15.08.2024 | 15.08.2024 | ||||||
Previous Trade | -5 | – | – | +10 | +10 | – | ||||||
Week Change | -20 | -10 | -10 | -5 | +5 | -5 | ||||||
Month Change | -35 | -20 | -20 | -10 | +10 | – | ||||||
Spread to Soybean Oil FOB Brazil | 37.28 +0.08 | 38.99 -5.3 | 31.28 -1.1 | 66.52 +43.25 | 2.18 -10.2 | |||||||
Spread to Soybean Oil Daylian China | 108.99 -6.72 | 115.23 +9.72 | 111.14 +8.58 | 86.84 -2.96 | ||||||||
Spread to Soybean Oil FOB EU | 111.58 -23.12 | 121.58 -23.12 | 148.62 -1.08 | 138.62 -11.08 | 113.62 -43.8 | 151.16 -6.26 | ||||||
Spread to Palm Oil RBD Daylian China | 144.47 +13.74 | 144.79 +3.35 | 143.72 +13.81 | 128.88 +0.04 | 103.51 -1.84 | 108.67 +6.81 | ||||||
Average Price Minimum Price Maximum Price | 836.72 740.00 930.00 | 826.81 740.00 905.00 | 826.44 740.00 900.00 | 867.29 795.00 900.00 | 893.65 880.00 910.00 | 897.08 890.00 910.00 |