01 Sunflower

Week 39 (September 22-26, 2025): Domestic sunflower prices fell this week. Specific regional prices are as follows:

Weekly Review:

This week, some sunflowers from Kazakhstan entered the market, reducing import costs. Coupled with the arrival of the new season sunflowers in Ili, Xinjiang, supply is tight, leading to a corresponding decline in sunflower prices. On the supply side, sunflowers have not yet entered the market in large quantities, resulting in an overall tight supply, which is supporting the sunflower market. On the demand side, with the Mid-Autumn Festival and National Day holiday preparations drawing to a close, oil mill operating rates are declining, negatively impacting the market.

It is expected that domestic sunflower prices will remain stable until the new season arrives. The current rise in sunflower oil prices, coupled with the high price and cost support of sunflowers, is likely to support the market. Pay close attention to the harvest speed in the main producing areas of Russia and Ukraine.

02 Sunflower Oil

Week 39 (September 22-26, 2025): The average domestic price of sunflower oil was 12,100 yuan/ton. Grade-A sunflower oil in Jiangsu was quoted at 12,300 yuan/ton; in Xinjiang at 11,200 yuan/ton; in Tianjin at 12,300 yuan/ton; and in Shanghai at 12,250 yuan/ton. Regional prices are as follows:

Weekly Review:

Domestic sunflower oil prices continued to rise this week. Market shortages are severe, and supply is limited. New season sunflower oil is expected to hit the market in mid-October. Oil mill operating rates are low, crushing volumes are low, and tight domestic and international sunflower oil supplies are supporting sunflower oil market prices. Sunflower oil is currently in peak stocking season for the Mid-Autumn Festival, with strong demand and increased shipments, resulting in an overall shortage of supply. As of September 27, the September price at Russian Black Sea ports was $1,160/ton, down $5/ton from the previous week. Rising costs are positive for the domestic sunflower oil market. However, sunflower oil prices remain high, offering a poor value for money and resulting in a corresponding decrease in demand, which is restraining the price increase.

In the short term, sunflower oil prices are likely to remain stable. Based on supply and demand fundamentals, the new sunflower crop season in Russia and Kazakhstan is about to hit the market, easing the current tight sunflower oil supply situation. Furthermore, stocking up for the Mid-Autumn Festival is nearing completion, but this may be supported by international oil and fat prices and policy support.