01 Sunflower

Week 42 (October 13-17, 2025) Domestic sunflower prices were relatively stable this week. Specific regional prices are as follows:

Weekly Review:

This week, new season sunflowers entered the market in large quantities, and the domestic sunflower and oilseed sunflower markets remained relatively stable. On the supply side, oilseed sunflowers are entering the market in large quantities and continue to arrive at ports, gradually shifting from tight to loose supply, which is bearish for oilseed sunflower prices. On the demand side, due to high imported sunflower oil prices and weak oilseed and sunflower prices, oil mill operating rates have recently increased, supporting demand for oilseed sunflowers and supporting the market. Regarding import costs, sunflowers are being harvested in Russia and Ukraine, but yields are lower than last year. Even with increased planting area, there is still the risk of a yield decline. Therefore, prices in major sunflower-producing areas remain firm, supporting the oilseed sunflower market. Prices in Kazakhstan are weaker, with an estimated price of around 200,000 tenge per ton (including VAT).

New season sunflower prices are expected to remain stable. The current high price of sunflower oil, coupled with the cost of imported sunflowers, is likely to support the oilseed sunflower market. In the later stage, we will pay more attention to the harvest situation in Russia, Ukraine and Kazakhstan.

02 Sunflower Oil

Week 42 (October 13-17, 2025): The average domestic sunflower oil price this week was 12,100 yuan/ton. Grade-A sunflower oil in Jiangsu was quoted at 12,300 yuan/ton; in Xinjiang, 11,300 yuan/ton; in Tianjin, 12,300 yuan/ton; and in Shanghai, 12,350 yuan/ton. Regional prices are as follows:

Weekly Review:

This week, domestic imported sunflower oil prices remained relatively stable. New-season sunflower oil is gradually entering the market, but domestic arrivals are limited, and supply remains tight in the domestic market. Currently, new-season sunflower oil prices are strong and show no signs of decline. On the supply side, tight supply is supporting the sunflower oil market. However, high prices have hindered sales, and the significant substitution effect of other oils and fats has weakened demand, limiting the potential for price increases. As of October 17th, the October FOB price at a Russian Black Sea port was $1,180/ton, a $5/ton increase from the previous week.

In the short term, sunflower oil prices are likely to remain stable. Based on supply and demand fundamentals, the new season sunflowers from Russia and Kazakhstan are entering the market, easing the current tight sunflower oil supply situation. However, this price is likely to remain stable due to continued support from international oil prices and policies.