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The cost of delivery has decreased: oil prices are falling, reaching a three-year low.
Oilseeds
Sunflower

The cost of delivery has decreased: oil prices are falling, reaching a three-year low.

Prices for delivery have decreased as of August 1, 2024: to $945.12 per ton. The weekly decline is $64.82, the monthly - $91.94. The record high price was $1806.91 in April 2022, the lowest - $565.93 in April 2020. The cost of delivery for December 2024 is $913.82, for January 2025 - $914.26, for October 2024 - $921.75.

4 August 2024 4 August 2024

On August 1, 2024, the bid price for delivery decreased by 9.48 US dollars per ton and reached 945.12 US dollars per ton. Bids on July 31, 2024, were priced at 954.60 US dollars per ton.

During the week, the delivery price for August 2024 decreased by 64.82 US dollars per ton. Over the month, the price dropped by 91.94 US dollars per ton.

The highest delivery price for August was recorded on April 28, 2022, at 1806.91 US dollars per ton. The lowest delivery price for August in the entire observation period was on April 27, 2020, at 565.93 US dollars per ton.

On August 1, 2024, the following points were noted:

  • The bid price for delivery in December 2024 was 913.82 US dollars per ton, which is the minimum delivery price in the last 3 years (the previous minimum was on February 3, 2021, at 909.41 US dollars per ton).
  • The bid price for delivery in January 2025 was 914.26 US dollars per ton, which is the minimum delivery price in the last 3 years (the previous minimum was on February 3, 2021, at 909.41 US dollars per ton).
  • The bid price for delivery in October 2024 was 921.75 US dollars per ton, which is the minimum delivery price in the last 3 years (the previous minimum was on February 5, 2021, at 920.21 US dollars per ton).
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