01 Sunflower

Week 45 (November 3-7, 2025): Domestic sunflower prices remained relatively stable this week. Specific regional prices are as follows:

Weekly Review: 

This week, a large quantity of new-season sunflowers entered the market both domestically and internationally. Arrivals continued in Tacheng, Xinjiang. Currently, traders are mainly clearing out old-season inventory, resulting in slow overall sales. On the supply side, although sunflowers are concentrated in the market, arrivals at ports are limited, leading to a tight supply and supporting sunflower market prices. On the demand side, new-season supplies are arriving gradually, resulting in a shortage and higher prices. The market is mainly driven by replenishment of rigid demand.

It is expected that in the short term (January-February), sunflower prices will remain stable between the old and new seasons. During the transition period, new-season sunflower prices are relatively high, and traders are mostly adopting a wait-and-see attitude. However, high sunflower oil prices are supporting sunflower market prices. Overall, supply and demand are relatively balanced. In the future, close attention should be paid to the harvest situation and policy trends in Russia, Ukraine, and Kazakhstan.

02 Sunflower oil

Week 45 (November 3-7, 2025): The average domestic sunflower seed oil price this week was 11,850 yuan/ton. Specifically, the price of Grade 1 sunflower seed oil in Jiangsu was 12,400 yuan/ton; in Xinjiang, it was 11,300 yuan/ton; in Tianjin, it was 12,300 yuan/ton; and in Shanghai, it was 12,350 yuan/ton. Prices in each region are as follows:

Weekly Review:

This week, actual transactions of sunflower seed oil in North and East China hovered around 12,300 yuan/ton. New season sunflower oil is being crushed gradually, and domestic arrivals are limited, resulting in continued tight supply and supporting the sunflower seed oil market. This week, the three major domestic edible oils continued to decline. The domestic edible oil market was weak, and coupled with the high price of sunflower seed oil, the substitution effect of other edible oils such as peanut oil and corn oil was significant, leading to weak demand and limiting the potential for further price increases in sunflower seed oil. As of November 7th, the November FOB price at Russian Black Sea ports was $1180/ton, remaining stable compared to the previous week. Market demand for Ukrainian sunflower oil also decreased by $20-30/ton over the past week, falling to $1230-1240/ton, with deliveries expected to arrive at ports in November-December. This is because factories have stockpiled sufficient raw materials after the sharp price increase and have increased vegetable oil sales.

In the short term, sunflower oil prices are likely to decline. From a supply and demand perspective, the arrival of new season sunflower oil from Russia and Kazakhstan has eased the current tight supply situation. While weakening international prices and sluggish demand pose a risk of price declines, the decline is not expected to be significant due to support from international sunflower oil prices and policies.